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CMP 08 live on GST portal

29 July 2019

sir,
If any trader supply Exempted goods under section 10 and in CMP 08 form column is " outward supplies (including Exempted supply).

in this column trader should show only taxable value or total supply including Exempted supply.

however trader need to pay GST on taxable supply only....
pls clearify.....

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7 Replies

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 29 July 2019

Total of Exempted +Taxable supplies

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Shivam RC (Student) (23683 Points)
Replied 29 July 2019

Traders who have opted for Composition Scheme u/s 10 of the CGST Act 2017 are not required to pay tax on their EXEMPT SUPPLY.

Manufacturers and Service Providers ( Restaurants ) are required to pay Tax on their Aggregate Turnover in a State including Exempt Supply but note that no GST shall be paid on Interest ( being an exempt supply ).

Therefore being a trader you need to put only Taxable Value Amount in SL.No. 1 Column of GST CMP-08 i.e "Outward Supply ( including Exempt Supply ).

Kindly wait for replies from other experts/members before proceeding.

Last date to file Form GST CMP-08 is extended to 31.08.2019 from 31.07.2019 vide Notification No.35/2019 - CT, dated 29.07.2019.

Warm Regards.

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 30 July 2019

Dear Shivam The trader who are registered .as composition dealer under scheme of Threshold limit of 1.5 .crore are allowed to supply Exempted goods , in this regard the Notification 1/2018 CT being issued. 2ndly the Composition dealer who has opted the Composition scheme Under Notification .2/2019 CT .(R) is not Allowed. To supply goods which is not leviable to tax under this Act , hence which is Non GST supply . Hence he can supply exempted or Nil rated supply.......... I knew that as per definition .of Exempted supply provided in section 2(47) includes Non Taxable supply also , but if we read the definition carefully , it includes three type supply .. .....(1) Nil Rated, (2) Exempted, (3) Non Taxable , Hence out three the Non Taxable supply is the one which is restricted , cannot supply by composition dealer.