Regarding Tax Liability.

This query is : Resolved 

19 July 2021 Any tax liability on milk, if dealer under composition scheme ?
Please help me.

19 July 2021 Milk is exempt from GST.

19 July 2021 There is no GST on milk


19 July 2021 It's mean not pay 1% on milk.

19 July 2021 Yes you are right......

20 July 2021 No need to pay tax @1% on milk as it is exempted in GST.

20 July 2021 Milk is an exempt supply under GST but check the provisions of section10 of the CGST Act. If you are exclusively dealing in exempted goods only, you are not eligible for composition scheme.



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