Regarding Tax Liability.
This query is : Resolved
19 July 2021
Any tax liability on milk, if dealer under composition scheme ?
Please help me.
Please help me.
19 July 2021
Milk is exempt from GST.
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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.
Message likes :
1 times
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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