JioGST - 'Composition Scheme' Simplified

Composition scheme in GST
  • GST has created this special facility for small Tax-payers to pay tax at specified lower rates without getting into multiple GST compliances.
  • The dealer who opt for Composition Scheme have to file only one quaterly return with details of total turnover.
  • Invoice with details are not necessary, bill of supply will suffice.
  • Small Tax-payers are not required to give HSN code in their returns.
  • In the Composition scheme, no Input Tax Credit can be taken or passed on.

JioGST bringing you a Simple Mobile App for Simplified compliance for Composition Tax payers