{"id":1045,"date":"2016-09-22T15:15:05","date_gmt":"2016-09-22T09:45:05","guid":{"rendered":""},"modified":"2016-09-22T15:15:05","modified_gmt":"2016-09-22T09:45:05","slug":"will-a-taxable-person-be-eligible-to-opt-for-composition-scheme-only-for-one-out-of-3-business-verticals","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=1045","title":{"rendered":"Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals?"},"content":{"rendered":"<p>Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals?<br \/>Question 8<br \/>Bill  <br \/>Levy of and Exemption from Tax<br \/>FAQ on GST dated 21.9.2016 based on Draft Model GST<br \/>Q 8. Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals?<br \/>\nAns. No, composition scheme would become applicable for all the business verticals\/registrations which are separately held by the person with same PAN<br \/>\n &#8211;<br \/>Statute,<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=22194\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals?Question 8Bill Levy of and Exemption from TaxFAQ on GST dated 21.9.2016 based on Draft Model GSTQ 8. Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals? &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=1045\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Will a taxable person be eligible to opt for composition scheme only for one out of 3 business verticals?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1045","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1045"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1045\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}