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Wrong answer

In chapter "charge of GST" Module "Illustration" sir is discussing may18 questions of composition scheme and the answer provided was wrong. As Arunachal Pradesh is a special category state so aggregate turnover limit applicable to it is 75 lakh. So, it is not eligible for composition scheme And second point is that sir had told that if we have to opt for composition scheme and we are already registered than we can opt it when the year get started i.e we can not opt during the year.


Sunita Gupta

Sunita Gupta

CA Inter

1K+

13-Apr-20

100

Answers (12)

We have answered as per the latest amendment. Question is old but we have given answer as per amendment. Please note that.


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Sir, but you have told in lectures that if a person wants to opt composition scheme and he is already registered in GST and his aggregate turnover is less than 1.5 crore than he has to apply in the beginning of financial year...Than only he can opt for composition scheme.


Thread Starter

Sunita Gupta

Sunita Gupta

CA Inter

1K+

13-Apr-20

A person cannot opt for composition scheme in the middle of FY. He must definitely opt before the commencement of FY


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Yes sir And in the question it was asked that " as on 31/10/17 would Sai trading company will be eligible for composition levy"


Thread Starter

Sunita Gupta

Sunita Gupta

CA Inter

1K+

13-Apr-20

In question they asked whether eligible or not.


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

So our answer is he is eligible but cannot concert in middle of the year


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Please check suggested answer if required. Itâ??s the same


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Sir in case of swigggy who is liable to pay GST


Thread Starter

Sunita Gupta

Sunita Gupta

CA Inter

1K+

13-Apr-20

On commission what Swiggy gets, swiggy is liable


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Thread Starter

Sunita Gupta

Sir in case of swigggy who is liable to pay GST

And on the food, hotel is liable


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

Ok sir.. thanks


Thread Starter

Sunita Gupta

Sunita Gupta

CA Inter

1K+

13-Apr-20

Thread Starter

Sunita Gupta

Ok sir.. thanks

Most welcome


Shiva Teja

Shiva Teja

Faculty

13-Apr-20

All the Best
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