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Composition

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2017 Dear Sir,
We have opted composition in gst. And suppose our annual turnover is 23 lacs, then we have to pay 1% composition on 23 lacs or only on 3 lacs ?
Please clarify
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CA Sukesh Bhatia

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CA Sukesh Bhatia (Expert)
24 July 2017 You are supposed to pay GST @1% on 23 lakhs.

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