Hello & Welcome Again to my website TallyClass.

com & Lets Begin the next chapter of my Full GST course - Difference Between
Composition & Regular Firms. jisme ham what is composition firm & What is regular firm ko samjhenge

Chapter 8 : What is Composition Firm and Regular Firms

GST me Firm ko 2 Tarah Se Registered Kiya Ja Sakta hai.

1. Composition Firm
2. Regular Firm

Ab In Dono Firm Me Kya Fark Hai Ye Jaante hai Di Gayi Index Ko Dekhe

Subject Composition Firms Regular Firms

Agar kisi Firm Ki 1 Saal Ki Sale 1.5 Crore Agar kisi Firm Ki 1 Saal ki Sale 1.5 Crore
Turnover Limit se Kam hai to Firm Ko Composition Me Se Jyada Hai to Firm Ko Regular me
Registered Karwaya Ja Sakta hai. Registered Karna Aniwarya hai.

Regular Ke Liye Koi Optional Registration

Optional Registration
Nahi Hai.
Agar Firm Ki 1 Saal Ki Sale 1.5 Crore se
Maanlo Kisi Ne Ye Sochke Composition
kam hai To Propritor chahe to Regular me
me Firm Registered Karwai Ki Uski Sale
Bhi Registration Karwa Sakta Hai.
1.5 Crore se Kam Hogi aur 1.5 Crore Se
Upar Chali Gai to Composition Firm Ko
Regular Karwana Aniwarya hai.

Regular Firm Ko Har Mahine 1 Return

Composition Firm ko Quarterly Return (3
Lagana Padta hai Jise GSTR3B Return
GST Return Mahine me Ek Baar) Lagana Padta hai. Jise
Kehte hai.
CMP08 Return Kehte hai.
 Composition Firm me Purchase Par Lagni Regular Firms Ko input GST aur output
Wali GST ki Input nahi Li Ja Sakti Aur GST ka Pura Record Rakhna Padta hai.
Na Hi Sales Par GST Lagaya Ja Sakta Hai.
Applicable Of Tax Rates Yaani Har Month Kitni Purchase Ki Aur
Yaani Purchase Me Jo Tax Hamne Sarkar Uspar Kitana Tax pay Kiya aur Har
Ko Pay Kar Diya Usko Customer Se Bhi Mahine Kitni Sale Ki Aur Us Par Kitna
Wapas nahi Liya Ja Sakta Tax Collect Kiya.
Regular Firm Me GSTR3B Return Ke
According Agar Tax Payble Banta Hai
To Tax Pay Karna hai Nahi Banta hai To
Nahi Karna hai

For Example

1 Mahine me 1000 ki Purchase ki Jispar

Composition Firm har 3 mahine me jitna 500 Rs. Tax purchase ke sath hi paid kar
Sale karti hai Usko Return Ke Sath Sale ka diya.
1% Tax pay Karna Padta hai. aur Usi Mahine 1200 Ki Sales Ki Jispar
Tax Liability 700 Rs. Tax Customer Se Collect Kiya.
For Example 3 Mahine Me 250000 Rs. Ki
Sale Hui To 250000 Rs. Ka 1% Yani 2500 Yaha Hamari Tax Liability Banti hai To
Rs. Sarkar Ko Pay Karna Padta Hai. Baki Ka Balance 700-500=200 Rs Tax
Sarkar Ko Pay Karna Hai

Aur yahi Maanlo Sale 800 Rs. hi Hui aur

customer se tax 300 Rs. Hi Wasul Kiya to
200 Rs. Ab Bhi Sarkar Ke Paas Jama
Rahenge

Tax Paid Karne Ki Jarurat Nahi

 Composition Firm Me Tally Me Purchase
Regular Firm Me Tally me Purchase Ya
ya Sales Ki entry Karne Par SGST &
Sales Ki Entry Karne Par Item Ki Taxable
CGST ya IGST nahi Lagaya Jata.
Example Of Entry Value Alag Likhi Jati Hai Aur Us Par
Lagne Wala Tax SGST & CGST ya IGST
Direct Tax Included Item Ki Value
Lagaya Jayega.
Daalkar Entry Kar Di Jati Hai.
Composition Firm me jo Bill Banta hai Use Regular Firm Me Jo Bill Banta Hai Use
Name Of Invoice
Bill Of Supply Kehte Hai. Tax Invoice Kaha Jata Hai.
Regular Firm me Purchase Par Input Tax
Liya Ja Sakta Hai Aur Sales Par Dusri Firm
Composition Firm me Books Keeping
ko Tax Diya Ja Sakta hai.
Karna Easy Hai aur Quarterly Return Yani
Advantage
3 Mahine Me Kewal 1 hi Return Lagana
yani agar koi Customer Regular Firm Me
Padta Hai
Registered hai aur wo Input lene ke liye
Invoice Maangle To Diya Ja Sakta hai.
Agar koi Customer Regular Firm me har Mahine Return Lagana Padta hai usme
Registered hai Aur Composition Firm wale bhi tax mismatch ka pura dhyan rakhna
DisAdvantage
Se input lene ke liye With Tax invoice padta hai books keeping me bhi savdhani
Maangle To nahi Diya Ja Sakta. baratni padti hai.

To Ye Composition aur Regular Firm me Different hai Jyada tar log firm ko Regular me hi Registered karwate hai.

ummid karta hu ki aapko ache se samajh me aa gaya hoga. ham aage ke chapter me jo bhi sikhenge filhar Regular Firms ke According
hi sikhenge.

Composition Firm Ki Accounting Bahut hi aasan hai Regular firm ki accounting sikhne ke baad composition firm ki bhi accounting
sikhaunga filhal ham Regular Firm Ki Accounting Sikhenge.

Jald Milenge Naye Chapter ke Sath

tab tak ke liye take care & happy Learny