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Under what conditions can a registered person opt for the composition levy scheme?
  • a)
    If they are engaged in the supply of services other than restaurant services
  • b)
    If they have engaged in inter-state outward supplies of goods
  • c)
    If they make supplies through an electronic commerce operator
  • d)
    If their aggregate turnover exceeds ?2 crores
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Under what conditions can a registered person opt for the composition ...
A registered person can opt for the composition levy scheme if they are not engaged in the supply of services (other than restaurant and outdoor catering services), as mentioned in Section 10(2) of the CGST Act, 2017.
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Under what conditions can a registered person opt for the composition levy scheme?a)If they are engaged in the supply of services other than restaurant servicesb)If they have engaged in inter-state outward supplies of goodsc)If they make supplies through an electronic commerce operatord)If their aggregate turnover exceeds ?2 croresCorrect answer is option 'A'. Can you explain this answer?
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Under what conditions can a registered person opt for the composition levy scheme?a)If they are engaged in the supply of services other than restaurant servicesb)If they have engaged in inter-state outward supplies of goodsc)If they make supplies through an electronic commerce operatord)If their aggregate turnover exceeds ?2 croresCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Under what conditions can a registered person opt for the composition levy scheme?a)If they are engaged in the supply of services other than restaurant servicesb)If they have engaged in inter-state outward supplies of goodsc)If they make supplies through an electronic commerce operatord)If their aggregate turnover exceeds ?2 croresCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under what conditions can a registered person opt for the composition levy scheme?a)If they are engaged in the supply of services other than restaurant servicesb)If they have engaged in inter-state outward supplies of goodsc)If they make supplies through an electronic commerce operatord)If their aggregate turnover exceeds ?2 croresCorrect answer is option 'A'. Can you explain this answer?.
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