13 March 2020
Dear sir, One of our client is a Doctor and is running a nursing home. and its gross receipt from it is Rs 35 Lacs. Now he is renting a shop in its premises rent from which will be approx 120000.00. He want to go for compositon scheme. I want to know whether we have to pay 6% tax on Rs 120000.00 taxable portion or the whole amount Rs 36.20 Lacs. Kindly give reply with reason
14 March 2020
He needs to pay 6 % on all his supply ie 36.20 Lakhs .
The supplier opting for this scheme shall pay GST at the rate of 6% on all supplies made by him, irrespective of the fact whether such supply is exempt from tax or has different tax rates.
CAclubindia
