"A Registered person opted for composition scheme under section 10(1) of the CGST Act, 2017 cannot provide supply of any service either outward or inward service". Discuss the validity of the above statement.

The statement is not correct. Notwithstanding anything to the contrary contained in this act but subject to the provisions of sub-sections (3) and (4) of section 9 of CGST Act, 2017 a registered person, may opt for composition scheme for supply of goods and restaurant services. Optees of composition scheme allowed to provide limited quantum of service A person who opts to pay tax under composition scheme may supply services (other than restaurant service) of value not exceeding ten percent of turnover in a State or Union territory in the preceding financial year or five lakh rupees, whichever is higher. For the above purpose, the value of exempt supply of services provided by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount shall not be taken into account. There is no restriction on inward supply of service.