03 June 2019
Sir /Madam, I am a trader registered under composition scheme of GST. I deal in sale of books, note books, writing materials, etc. As we know, printed books are zero rated and other above said items attract different rates of tax. I need your suggestion with regard to calculation of my GST. Whether I need to pay GST @ 1% on turnover including sale of printed books or it is 1% of taxable sales only? I shall be obliged for your kind response in this regard. Thanks & Regards, Purusottam Panda
CAclubindia
