What is composition scheme in GST?
Want to know about the composition scheme in GST? Searching for information on the web? Here, on this page find answers from experts.
We all know that the implementation of Goods and Services Tax will commence from 1st July, 2017. In addition to Goods and Services Tax, the Government of India also brought a Composition Scheme attached to it. What is the composition scheme under GST and who is eligible for composition scheme? Is there any financial benefit if someone opts for composition scheme under GST? If not, what are the other benefits of composite scheme under GST?