Fincom NexusFincom Nexus
Back to GST

Composition Scheme Calculator

GST payable under the Composition Scheme (Sec 10) — flat rate on turnover, no ITC available.

Inputs

Results

Dealer TypeTrader / Retailer
Turnover Limit₹ 1,50,00,000
Eligible for CompositionYes
GST Rate1% (CGST 0.5% + SGST 0.5%)
CGST Payable₹ 25,000
SGST Payable₹ 25,000
Total GST Payable₹ 50,000
vs Regular GST @ 18%Save ~₹ 8,50,000