31 July 2019
I am GST composition scheme registered dealer having retail trading business of grocery items like rice, atta, potatoes, onion, sugar, condiments etc. I think rice, atta, potatoes etc. are exempted from GST. While filing CMP 08, may I show exempted sale and 1% taxable sale separately ?
The facility of showing exempt supply and taxable supply separately is not available in GST-CMP 08. You have to mention the total value of outward supplies, i.e. value of both exempt and taxable supplies under value column. But, you need to pay tax @ 1% only on taxable portion.