What is Composition Scheme (2021) Under GST || GST Composition Scheme क्या है? || Tax Effects

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  • Опубликовано: 13 фев 2021
  • The Composition levy scheme is a very simple, hassle-free compliance
    scheme for small taxpayers. It is a voluntary and optional scheme.
    GST Composition Scheme is an option available to a registered taxpayer who needs to inform the tax authorities of his intention to be registered under the scheme.
    In case the registered taxpayer fails to comply with the same he would be treated as a normal taxpayer and administered accordingly.
    Such an option needs to be for all businesses of the taxpayers ie both for goods as well as services.
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    #TaxEffects #GSTCompositionScheme #CompositionScheme #GST

Комментарии • 319

  • @PriyaSingh-nx3sv
    @PriyaSingh-nx3sv 3 года назад +122

    Wow. What an explanation! I am a CA final student and I m impressed that you covered 100% composition scheme in really simple language. ❤😇🙏

  • @khushi9k
    @khushi9k 2 года назад +3

    I have never heard such calm , peaceful explanation of such a hectic topic 😮‍💨

  • @himansusekharpatra2903
    @himansusekharpatra2903 3 года назад +2

    Thanks sir
    Really in 15 mnts all composition scheme covered. 👍👍👍👍👍👍🙏🙏🙏

  • @skteil
    @skteil 2 года назад +9

    Most comprehensive explaination of composition scheme I have ever come across...all long pending doubts cleared..most importantly why businesses do not opt for composition scheme... thanks a lot Sir

  • @TTDAH
    @TTDAH 2 года назад +3

    Sir Your way of Explanation is great ❤️❤️❤️❤️ 🙏🙏🙏

  • @ahmedshakeel1261
    @ahmedshakeel1261 2 года назад +3

    Such an amazing wayvto explain the whole concepts

  • @shikr9
    @shikr9 Год назад +3

    Wow sir, it's extreme level explanation Thanku so much 🥰

  • @pradeeprandhawa4111
    @pradeeprandhawa4111 Год назад

    Bahut hi achhe se btaya aapne Sir

  • @180riyashukla3
    @180riyashukla3 11 месяцев назад +1

    What a superb xplanation..!!❤️

  • @baburaopolisetty496
    @baburaopolisetty496 3 года назад +2

    Fantastic teaching or explanation brother !!!!!

  • @feelings7746
    @feelings7746 2 месяца назад

    Very good explanation meri company ke liye me composition scheme lene ka soch rahi thi but bahut sare aap ne jo point bataye thx

  • @technicalrastogijibdn
    @technicalrastogijibdn Год назад

    100% issue clear . Thanks for your support

  • @scantronium9476
    @scantronium9476 2 года назад +1

    Such a simple explanation!!✨

  • @ankitpande5535
    @ankitpande5535 3 года назад +1

    Kamal hy sir.greatest clarity

  • @sundayfoods3277
    @sundayfoods3277 Год назад

    Bahot badhiya se bataya apne

  • @vivekjha4134
    @vivekjha4134 2 года назад +2

    Thank you so much , it was nicely explained by you 🙏

  • @swapnilpachpande1176
    @swapnilpachpande1176 2 года назад +1

    Very Excellent Info Sir....Thank You

  • @ishanisingh9f
    @ishanisingh9f 2 года назад +4

    💯🙌I saved this video a month ago while studying and I have my exam tomorrow and this is the best concise revision of a topic

    • @TaxEffects
      @TaxEffects  2 года назад

      Good Luck for your exams dear! 💫✌😊

  • @foundationtutorialsforcomm1758
    @foundationtutorialsforcomm1758 Год назад +1

    Very much useful bro...Tqqqqewww 🥰

  • @naazshaikh9145
    @naazshaikh9145 10 месяцев назад

    I don't think anyone can explain better than him...

  • @RishabhJain-ze7wb
    @RishabhJain-ze7wb Год назад

    Thanks for Easily explain

  • @samandeepkaur5367
    @samandeepkaur5367 2 года назад

    Very informative, thank bro !!

  • @manishasoni1576
    @manishasoni1576 2 года назад +1

    THANKSSS A LOTTTTT.....THIS IS SO CLEAR NOWWWWWW.THANKYOIUUUUUUU!!!!!!!!!1

  • @swayambarun195
    @swayambarun195 2 года назад

    Thank you

  • @AbhishekTiwari-wc3kk
    @AbhishekTiwari-wc3kk Год назад

    Great explained about Composition. Thank you.

  • @anushkamorya9601
    @anushkamorya9601 Год назад

    I understood each and every word.
    Thank you sir

  • @sonalverma9313
    @sonalverma9313 2 года назад

    Very well explained 🙏 thankyou sooo much😄

  • @Deenifications
    @Deenifications 6 месяцев назад

    Best explanation ever you did a justice with the explanation of this topic god job

  • @stitchingbyheena8954
    @stitchingbyheena8954 2 года назад

    Very well explained .. thank you 😀😀

  • @tamannaalisaiyyad8328
    @tamannaalisaiyyad8328 3 года назад +5

    Nice sir Composition scheme fully revised ho gaye 👍

  • @DJVLOGSLKO
    @DJVLOGSLKO Год назад

    amazzing explaination ...👍🏻

  • @nandkishoreshukla4426
    @nandkishoreshukla4426 Год назад

    Thanks

  • @abhishekhsharma2874
    @abhishekhsharma2874 2 года назад +2

    Your voice is awesome and teaching technique.

  • @darshikadayal2004
    @darshikadayal2004 Год назад

    Thank so much sir🙏

  • @priyankamahajan6237
    @priyankamahajan6237 Год назад +1

    Excellent explanation

  • @prabhutoppo417
    @prabhutoppo417 Год назад

    Thanks for explaining of Composition scheme

  • @ankitrajput7576
    @ankitrajput7576 3 года назад +1

    Thank you Sir !!!!

  • @sadikabano__
    @sadikabano__ Год назад +1

    Thankyou teacher

  • @shivanibhatnagar4812
    @shivanibhatnagar4812 2 года назад

    Thank u so much

  • @janhavipreethi6877
    @janhavipreethi6877 2 года назад +1

    Thank you sir, the video was very helpful! :)

  • @rojakasturi1220
    @rojakasturi1220 3 года назад

    Very nice vedio I hv never seen on RUclips. Detail & clear explanation 👌

  • @mallikarjunphulekar
    @mallikarjunphulekar 2 года назад

    Bhai...kya kahoon apko you are unique ♥️

  • @sumitthakur-nm7iy
    @sumitthakur-nm7iy Год назад

    Bohot mast video, and hugely informative 👍

  • @fatemavana2555
    @fatemavana2555 2 года назад

    Thnk you so much

  • @himi1509
    @himi1509 2 года назад +1

    Thanks Sir

  • @avantgohel_
    @avantgohel_ Год назад

    Very Good Thanks

  • @RadhaKrishna-qq4rg
    @RadhaKrishna-qq4rg Год назад

    THANK YOU BROTHER

  • @sneharajput6860
    @sneharajput6860 2 года назад

    Thankyou sir😊 this is really informative nd helpful

  • @rksrks7989
    @rksrks7989 Год назад

    Thx brother very nice explaination

  • @anonymouslive2792
    @anonymouslive2792 Год назад

    Thanks man... 🙌😍

  • @manasinikumbh8758
    @manasinikumbh8758 3 года назад +2

    Really helpfull😊👍🏻

  • @EverythingKnowledge
    @EverythingKnowledge Год назад +1

    Very Good Explaination Brother 👍🏻

  • @publicvoice92
    @publicvoice92 2 года назад

    Thank you sir....For this video🙏🙏🙏

  • @deepalikamble3721
    @deepalikamble3721 Год назад +1

    Osm thanks you sir😊👏

  • @mariyachoudhari9010
    @mariyachoudhari9010 Год назад

    Very good explanation.... Thank you so much ❤️

  • @Vicky__796
    @Vicky__796 3 года назад +1

    Thanks bhaiya 🙏

  • @amolbahakar7154
    @amolbahakar7154 2 года назад

    nice sir thank you

  • @prakashjindal6349
    @prakashjindal6349 3 года назад +13

    Wow Bhaiya. 100% composition scheme covered in 10 minutes. 👏👏🔥🔥

  • @kishanmishra2904
    @kishanmishra2904 9 месяцев назад

    Thank you Sir

  • @rajendra_kumar123
    @rajendra_kumar123 2 года назад

    Very well explained.....👍👍👍👍 Thanks bro

  • @sakshamdwivedi6711
    @sakshamdwivedi6711 2 года назад

    Great work bhaiya 💫💫

  • @nkpandey9681
    @nkpandey9681 Год назад

    Very good explanation, thanks a lot

  • @swatiacharya5987
    @swatiacharya5987 3 года назад +1

    Very nicely explained

  • @jhonsherpa4992
    @jhonsherpa4992 Год назад

    Ty for educating us sir

  • @akramraja8048
    @akramraja8048 Год назад +1

    Thanks bhai

  • @divakarannambiar5232
    @divakarannambiar5232 Год назад

    Very clear delivery

  • @pankajmalpani2294
    @pankajmalpani2294 Год назад

    Really, great

  • @cityyoutuber445
    @cityyoutuber445 3 года назад +3

    Best video
    I really get understand
    Thanks you 😊

    • @TaxEffects
      @TaxEffects  3 года назад

      Thanks for appreciation. Means a lot! ❤️

  • @rabinathapa443
    @rabinathapa443 Месяц назад

    Best explanation ❤️

  • @rajeevsahu7320
    @rajeevsahu7320 3 года назад +4

    Amazingly explained! 🙏👍

  • @abhishekarora9231
    @abhishekarora9231 3 года назад +1

    Agar tobacco products ki dealer. / trading ya supply karni ho to kya tab composition schem. Le sakte hain kya?

  • @vaibhavisingh4087
    @vaibhavisingh4087 Год назад +1

    Nice explanation

  • @the_handicrafts_bazaar
    @the_handicrafts_bazaar 2 года назад +1

    Loved the video
    If u can add a video on normal scheme and over all gst concept it would be great

  • @shwetakushwaha8589
    @shwetakushwaha8589 27 дней назад

    Very nice beautiful explanation...wonderfully covered points in a systematic manner ...thnks a lot sir ....doubts cleared ...alright thnku ❤️👍👍👍.....

  • @shushilashushila454
    @shushilashushila454 Год назад +1

    Thanku sir for this video 😊

  • @monikasaraf6882
    @monikasaraf6882 3 года назад +1

    Amazing explained 🙏Thanku so much sir

  • @valashankhana1577
    @valashankhana1577 3 года назад +1

    Super explanation 👌👌

  • @vakassorathiya162
    @vakassorathiya162 2 года назад

    Thank you brother

  • @malatitudu272
    @malatitudu272 11 месяцев назад

    🙏🙏🙏🙏 thank you sooo much sir

  • @laxmithakuri1158
    @laxmithakuri1158 Год назад

    Thank you 😘😘

  • @KhanKhan-iu3we
    @KhanKhan-iu3we 2 года назад

    Excellent excellent sir explanation

  • @premangshukumarmondal597
    @premangshukumarmondal597 2 года назад

    Thanks for a nice video.

  • @nishakanaujia8770
    @nishakanaujia8770 2 года назад

    Tqsm sir🌻

  • @payal633
    @payal633 Год назад

    Very well explained ❤🎉

  • @pritibisht7142
    @pritibisht7142 2 года назад +1

    Well explained sir 🙂

  • @King_karthik19
    @King_karthik19 Год назад

    Hello big bro , it's really nice , kal mera bcom final year ka xam h , apne choti si vedio me puri composition scheme smjha diya , majaa aa gya bro , it's really good 🎉❤

    • @TaxEffects
      @TaxEffects  Год назад

      Thanks and All the best dear 😇🙏

  • @Jaishreebalaji5070
    @Jaishreebalaji5070 2 года назад

    Thank you bhaiya

  • @naveennegi2700
    @naveennegi2700 2 года назад +2

    Is self invoicing same if Registered person buys goods from URP under composition scheme.. Or will RP issue BILL OF SUPPLY

  • @anjalirawat3161
    @anjalirawat3161 3 года назад +2

    Great video. Thanks ❤️❤️

  • @focusonstudy9494
    @focusonstudy9494 2 года назад

    Thanks brother 👍👍

  • @earammajukoor9998
    @earammajukoor9998 2 года назад

    Superb explanation

  • @senhitesh6632
    @senhitesh6632 2 года назад

    Amazing explaination

  • @user-gy8hl4cu4o
    @user-gy8hl4cu4o Год назад

    SUPER EXPLANATION ......

  • @abhishekkumar-hw6mz
    @abhishekkumar-hw6mz 2 года назад

    Bhut achha

  • @shaikharbaz5552
    @shaikharbaz5552 2 года назад

    Superb explained

  • @fintaxmatters8698
    @fintaxmatters8698 2 года назад +3

    Hi,
    Very nicely explained. Can u please clarify as to if a Post office agent earning commission on providing post office schemes etc. can opt for composition scheme?

  • @jagannathbisoi6718
    @jagannathbisoi6718 Год назад +3

    What is procedure to convert regular scheme to composition scheme?

  • @abhishekKumar-rs2nt
    @abhishekKumar-rs2nt 2 года назад

    Thank you sir 🥰

  • @vipuldutta4831
    @vipuldutta4831 3 года назад +13

    Superb explanation, I think you can provide online classes with such quality explanation 👍👌👌

  • @runsms123
    @runsms123 3 года назад +1

    U R good