08 November 2020
A gst registered composite scheme dealer selling of pan masala value rs:5 lacs. Question: Dealer tax payble rate 1% only or cess tax applicable in gst act.
08 November 2020
Composition dealer can't sell pan masala. Currently, on top of the highest GST rate of 28 per cent, 60 per cent cess is levied on pan masala.
09 November 2020
In my view,If you are not the manufacturer of PAN masala but only a trader then you can apply1% rate composition tax. Cess not applicable under composition.