Can medicine wholeseller take composition scheme?
This query is : Open
12 August 2017
Sir,
Can medicine wholeseller take composite scheme.If yes he can charge tax on bill ,when he sell to retailer how retailer will charge tax.Please make clear.
Can medicine wholeseller take composite scheme.If yes he can charge tax on bill ,when he sell to retailer how retailer will charge tax.Please make clear.
12 August 2017
edicine wholesaler opt for Composition if turnover below 75 lakh.
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12 August 2017
Also he cant charge tax from retailer if he opt for composition.
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12 August 2017
Yes. You can opt to composition scheme. But, After you don't give any service related supplies.....
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13 August 2017
ok
if medicine wholeseller under composition scheme, sell to retailer whose is under regular scheme in GST,whether retailer charge from customer,as he purchase good from wholeseller who under composite scheme for which retailer has not paid any TAX.
if medicine wholeseller under composition scheme, sell to retailer whose is under regular scheme in GST,whether retailer charge from customer,as he purchase good from wholeseller who under composite scheme for which retailer has not paid any TAX.
13 August 2017
It's simple...
Retailer loss his ITC. Also he sell as taxable sales then ll be fall more liability... And also pay tax a huge amounts...
In My view...
Composition scheme is not good for all businesses. Definitely not good for B2B business....
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13 August 2017
Sir,
very good say ,in this case no register retailer will not want to take from wholesaller.In case retailer is not register then i think there will be no problem.
very good say ,in this case no register retailer will not want to take from wholesaller.In case retailer is not register then i think there will be no problem.
13 August 2017
Yes. I agreed.
Who make end user sales they are going to opt composition scheme. Other wise think before opt composition scheme....
13 August 2017
Sir,
one more problem in this case i found many Retailer pharmacy donot have drug license,for which many medicine cannot be given to this retailer by wholeseller , if suppose given it is not been shown in bill, now in GST bill has to be issued for those medicine also.so whether wholeseller stop giving such medicine or is there any other way is there.
one more problem in this case i found many Retailer pharmacy donot have drug license,for which many medicine cannot be given to this retailer by wholeseller , if suppose given it is not been shown in bill, now in GST bill has to be issued for those medicine also.so whether wholeseller stop giving such medicine or is there any other way is there.
13 August 2017
Actually I don't know.
But., Logically it's wrong.
Without drug license under Previous tax regime can't available for registration as medical business. Now, I think in GST is same...
But., Logically it's wrong.
Without drug license under Previous tax regime can't available for registration as medical business. Now, I think in GST is same...
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13 August 2017
Sir,
one more thing what if wholeseller under composite schemed sell to retailer who is also under composite schemed.In this case rate of product will be increase or any things else.
one more thing what if wholeseller under composite schemed sell to retailer who is also under composite schemed.In this case rate of product will be increase or any things else.
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13 August 2017
Sir
But cannot increase more than MRP.
But cannot increase more than MRP.
13 August 2017
The MRP ll be fixed by the Mfg. It's not a matter.
They are get profit for the goods based on the materials to end users...
It means, The value of good is Rs. 50. But, MRP is Rs. 100. So, Rate is also fixed...... The end trader get small profit if the composition chain...
They are get profit for the goods based on the materials to end users...
It means, The value of good is Rs. 50. But, MRP is Rs. 100. So, Rate is also fixed...... The end trader get small profit if the composition chain...
13 August 2017
Prices cant increase but margin of dealer is decreases.
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13 August 2017
In my view.,
I think the MRP systems ll be write off after few months
I think the MRP systems ll be write off after few months
13 August 2017
This is the good platform to discuss the issue ,over all thanking you all.
13 August 2017
last one question the person who get themself register in month of August whether they have to fill GSTR 3B.
13 August 2017
He file GSTR 3B on August month transactions. Return on September 20th.....
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13 August 2017
Person registered in August also required to file GSTR-3B upto September.
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14 August 2017
Actually i am asking person get register in month of august will have to submit GSTR 3b for month of july.
14 August 2017
Ha ha ha ha....
No more logic in your above question....
Also you had the answer. But, You can cross check in here...
Okay...
I'll says it. No. Don't want return in july for registration on or after August 1st...
No more logic in your above question....
Also you had the answer. But, You can cross check in here...
Okay...
I'll says it. No. Don't want return in july for registration on or after August 1st...
Message likes :
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14 August 2017
Sir,
Actually thing is like that shop has been open in 2015, registration on gst is done on 8th august,In GST date on which liabilities to register arises shown there 1st july 2017.for that reason i have asked what will be in this case.
Actually thing is like that shop has been open in 2015, registration on gst is done on 8th august,In GST date on which liabilities to register arises shown there 1st july 2017.for that reason i have asked what will be in this case.
14 August 2017
Oh....
It's new registration or migrated dealer...?
If migrated then how to business in july 2017...?
It's new registration or migrated dealer...?
If migrated then how to business in july 2017...?
14 August 2017
iTS NEW REGISTRATION
14 August 2017
OK THANKING YOU FOR CLEARING MY CONFUSION.
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1 times
14 August 2017
Just login on GST website>click on return dashboard>return filing period.
Check if it show only august month then you have to file return from August..
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14 August 2017
Ok very good saying madam
14 August 2017
Welcome......
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