26 January 2023
RESPECTED SIR CAN RICE MILL OPT COMPOSITION SCHEME AND WHAT IS TAX RATE\/? COMPOSITION SCHEME TAX RATE OF A GOLD SMITH ? PLEASE ADVICE .. THANKS...
26 January 2023
Yes, rice mill can opt for composition upto 50 lacs turnover 6% GST applicable(5% GST for non composition). 6% GST applicable on goldsmith for composition scheme.