09 July 2017
Person supplying unbranded pulses (which are exempt) and sugar which is taxable at 5% now in this my query is he supplying both taxable and exempted good. Can he opt for composition scheme assume his turnover is 60 lakh
If yes whether he is mandatory required to file trans 1 form for stock held on 30 the june
09 July 2017
Sir but in section 10 (2) is written if he is not engaged in making any supply of goods which are not leviable to tax under this Act; then in that case he is eligible for composition scheme
CAclubindia
