GST Regular or Composition? 🤔 Don’t Choose Wrong...!!!

Описание: Complete Comparison with Examples 📌 GST Regular Registration vs Composition Scheme – Complete Explanation | Latest GST Rules

Are you confused about GST Regular Scheme and Composition Scheme? 🤔
Which one is better for your business?
Who should opt for regular GST registration and who should choose composition scheme?

In this video, CA Manimaran Kathiresan explains GST Regular vs Composition Scheme in a simple, practical & business-oriented manner.

🔍 Topics Covered in This Video

✅ What is GST Regular Registration
✅ What is Composition Scheme under GST
✅ Latest GST rates for Composition Scheme
✅ Turnover limits for Regular & Composition
✅ ITC eligibility – who can claim & who cannot
✅ Return filing requirements (GSTR-1, 3B, CMP-08, GSTR-4)
✅ Restrictions under Composition Scheme
✅ Practical examples for traders, manufacturers & service providers
✅ Which scheme is best for your business?

📊 Quick Comparison – Regular vs Composition

🔹 Regular GST Scheme

Can collect GST from customers

Eligible for Input Tax Credit (ITC)

Monthly returns (GSTR-1 & GSTR-3B)

Suitable for growing & B2B businesses

🔹 Composition Scheme

Lower tax rate

No ITC allowed

Cannot collect GST separately

Less compliance & simple returns

Best for small traders & restaurants

👨‍💼 Who Should Watch This Video?

✔ Small business owners
✔ Traders & retailers
✔ Restaurant owners
✔ Service providers
✔ GST beginners
✔ CA / CS / CMA students
✔ Entrepreneurs & startups

📌 Important Note:
Choosing the wrong GST scheme may lead to penalties, excess tax payment or ITC loss. This video will help you take the right decision.

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