COMPOSITION SCHEME FOR MEDICAL STORE AND LODGING AND BOARDING

[Fahiyaz Ahmmed]

Can a dealer obtain GST registration under the composition scheme for both a medical store and a lodging and boarding business? Plz clarify the doubt

AI Summary

Can a Dealer Register Under GST Composition Scheme for Both Medical Store and Lodging Business? Section 10 Explored. A forum discussion addresses whether a dealer can register under the GST composition scheme for both a medical store and a lodging and boarding business. One participant clarifies that lodging services are generally not eligible for the composition scheme. Another notes that the composition scheme allows service supply up to 10% of annual turnover or 5 lakh, whichever is higher, with a 50 lakh limit if services are the main business. Eligibility depends on revenue proportions, and further details are needed to assess eligibility. The discussion highlights complexities and restrictions under Section 10 of the GST Act.