M/s Balaji Electronics, a registered dealer, is supplying all types of electronic appliances in the State of Karnataka. Its aggregate turnover in…

(i) The registered person, whose aggregate turnover in the preceding financial year does not exceed - 1.5 crore, may opt to pay tax under composition levy, under section 10 (1) and 10 (2) of the CGST Act, 2017. The scheme can be availed by an intra-State supplier of goods and supplier of restaurant service. However, the composition scheme permits supply of marginal services (other than restaurant services) for a specified value along with the supply of goods and restaurant service, as the case may be. Thus, M/s Balaji Electronics can opt for composition scheme for the current financial year as its aggregate turnover is less than - 1.5 crore in the preceding financial year and it is not engaged in inter-State outward supplies. (ii) The registered person opting for composition scheme, under section 10 (1) and 10 (2) of the CGST Act, 2017, can also supply services (other than restaurant services) for a value up to 10% of the turnover in the preceding year or 5lakh, whichever is higher, in the current financial year. Thus, M/s Balaji Electronics can supply repair and maintenance services up to a value of 12lakh [10% of 120lakh or 5lakh, whichever is higher] in the current financial year.