What is Composition Scheme
Composition Scheme is a scheme for Small Tax Payers with Turnover upto 1.5 Crore
These small shopkeepers do not show GST on their Invoice
Their Invoice is always tax inclusive
They pay tax normally at 1% of GST, however they do not get any Input 
 
Sample Invoice of Composition Scheme
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Important Points
1. This scheme can be opted  only if turnover upto 1.5 Crores
    This scheme is optional in nature
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Separate Rule in Special Category States
Special Category States means North eastern states and  Uttarakhand
Here Limit for Composition Scheme is 75 lacs
turnover and case 2.png
2. This scheme can be opted only if making local Sales
If making interstate sales, we can only opt for Interstate sales
 
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About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.