https://www.taxtmi.com/caselaws?id=394967 The Authority for Advance Ruling, Karnataka, clarified that an applicant engaged in both goods and services businesses is eligible for the composition scheme under section 10 of the CGST Act if the turnover of services does not exceed ten percent of the total turnover or five lakh rupees, whichever is higher. The ruling specified that if registered under the composition scheme, the applicant must pay 3% CGST and 3% KGST on the entire turnover, as different tax rates for goods and services are not permissible. Additionally, the interpretation of Notification No.2/2019 established that the applicant, already registered under section 10, does not qualify for the optional tax scheme outlined in the notification. en-us Thu, 23 Apr 2020 00:00:00 +0530 Mon, 17 Mar 2025 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394967 The Authority for Advance Ruling, Karnataka, clarified that an applicant engaged in both goods and services businesses is eligible for the composition scheme under section 10 of the CGST Act if the turnover of services does not exceed ten percent of the total turnover or five lakh rupees, whichever is higher. The ruling specified that if registered under the composition scheme, the applicant must pay 3% CGST and 3% KGST on the entire turnover, as different tax rates for goods and services are not permissible. Additionally, the interpretation of Notification No.2/2019 established that the applicant, already registered under section 10, does not qualify for the optional tax scheme outlined in the notification. Case-Laws GST Thu, 23 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394967