tax free items in composite gst
This query is : Resolved
02 July 2017
x a trader sells goods both tax-free [rice wheat) and pack food and other taxable goods in gst regime. Do he require to pay tax on taxable products or total sales comprising of tax free Goods also.
CA Rashmi Gandhi
(Expert)
03 July 2017
You have to pay on both.
Dhirajlal Rambhia
(Expert)
16 October 2021
UPDATE
A trader of goods registered as a composition dealer in GST is not required to pay GST on sale of Exempted goods. Refer notification no. 01/2018 (central tax) dated 01.01.2018.
However in case of manufacturer of goods he needs to pay 1% tax on total turnover (taxable as well as on exempted)
A trader of goods registered as a composition dealer in GST is not required to pay GST on sale of Exempted goods. Refer notification no. 01/2018 (central tax) dated 01.01.2018.
However in case of manufacturer of goods he needs to pay 1% tax on total turnover (taxable as well as on exempted)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- Ito add credit side of bank
- GSTR9 Annual Return
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives resides in usa
- LLP audit and disclosure
- GST ITC as per notification 12/2023- central tax
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation error
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
