Composition levy

[Bharat Cholleti]

Dear sir,

Dealer registered as composition taxable person carrying trading activity and remitting 1% GST. Now he got a Civil contract from Local greater Hyderabad Municipal corporation at about Rs.50 lakhs can he pay 6% on these turnover. both clubbed turnover may not exceed Rs1-00 crore. Is there any restriction for doing service on the same composition. please clarify sir, thanks in advance.

AI Summary

Composition scheme restriction: one PAN cannot opt for multiple composition options across registrations, barring dual composition treatment.
The composition regime prohibits a person from opting for different composition provisions simultaneously; provisos limit the proportion or monetary value of services a composition taxpayer may supply, and where multiple registrations share the same PAN no registered person may opt for the composition scheme unless all such registrants opt for it. A second registration at a different premise does not permit separate composition treatment under a different provision.