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Composite dealer rate of tax applicable

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(Querist)
18 April 2020 1.composite scheme registered sales of goods turnover Rs.60 lacs and service turnover Rs.5 lacs
2. Composite scheme registered service turnover Rs.40 lacs and sales of goods turnover Rs.5 lacs.
Above two transactions composite dealer tax applicable rate 1 %or 6%.
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CA Mayur Todmal

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CA Mayur Todmal (Expert)
20 April 2020 1. 1% as dealer can supply service up to 10% of turnover or 5lakhs which is higher
2. 6%

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