Composition scheme
This query is : Resolved
30 May 2018
respected sir,
i am registered as trader under composition scheme. CBEC has prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018. is it true.
i am registered as trader under composition scheme. CBEC has prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018. is it true.
31 May 2018
Yes... You are exactly correct As per notification no : 1/2018
Message likes :
1 times
01 June 2018
its means that CGST 0.25 and SGST 0.25
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registration in the state of maharashtra
- Service Provider GST
- 26B Form submission
- RCM is applicable or not (labour Charges , loading and uloading charges)
- TDS on amenities like electriity / transformer
- Input tax credit on modular office kitchen
- What is turnover in case of intra day trading?
- Input tax credit on officw kitchen furniture fixed to wall and drawers
- Regarding TDS liability ....
- Huge late fee, keep pending as Limited Liability Concept
- Input igst adjustment against output cgst and sgst
- Regarding demerger of firms
- Utilization of Electronic Cash Ledger in GST
- Investment discussion
- Domain Purchase-15CA & 15 CB
- IT RETURNS FILING PORTAL
- Query regarding filling form 112 during articleship
- Input Credit available in Credit ledger
- If the GSTR1 filed after due date and the invoices mentioned GSTR1-A, will we be able to claim ITC o
- REGARDING RETIREMENT OF PARTNER
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
