Poonawalla fincorp
Poonawalla fincorp

Exempted goods

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(Querist)
05 August 2017 Qns.:- If exempted goods sale out under composition scheme then what dealer will be deposited 1% tax on exempted goods.
Even no any tax liability on exempted goods as per GST Law
Plz tell me
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
05 August 2017 If under composition scheme then trader will have to deposit 1% tax even on exempted goods.

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