Mr. Khan, engaged in trading of ice-cream (not containing cocoa) in Jammu & Kashmir
within the same State itself. Turnover of his firm in preceding financial year is Rs. 80,00,000.
State the composition turnover limit for the State of Jammu and Kashmir and whether he is
eligible to opt for Composition Scheme or not, under GST.
a) Rs. 75,00,000/-: Yes
b) Rs. 75,00,000/-: No
c) Rs. 1,00,00,000/-: Yes
d) Rs. 80,00,000/-: Yes
Answer along with reason / explanation
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