FinTax24

Want a deeper check?

Open the GST Composition eligibility calculator →

Numeric turnover + inter-State / e-commerce / ITC flags — returns a Verdict row with eligible / not eligible + recommended action.

Eligibility Checker

GST Composition Scheme

Check if you qualify for the GST Composition Scheme.

Question 1 of 4 25% complete

What is your annual turnover?

Question 1 of 4
What is your annual turnover?

Frequently Asked Questions

What is the GST Composition Scheme?

The Composition Scheme allows businesses to pay GST at a fixed rate on their turnover instead of the regular rates. It simplifies compliance for small businesses.

What is the composition tax rate?

For traders, the rate is 1% (0.5% CGST + 0.5% SGST). For restaurants, it is 5%. Manufacturers get 0.5%.

Can I claim input tax credit under composition?

No, businesses under composition scheme cannot claim input tax credit on purchases.

WhatsApp