FOREST WOOD CONTRACTORS GST RATE?
8 Replies
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1329 Points)
Replied 22 September 2018
TAking Forestry Timber through auction and sale outside.
Vinod Babu
(24191 Points)
Replied 22 September 2018
For composition dealer, 1% gst to be paid on taxable outwards supplies in gst returns.
No tax will be charged while raising the invoice.
No tax will be charged while raising the invoice.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 22 September 2018
As per my view.,
I think it's not covered under Composition scheme...
I think it's not covered under Composition scheme...
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1329 Points)
Replied 22 September 2018
sir, I am wrongly put composition as topic, I just want to know forest timber auction is how much the tax rate? He is taking timber from forest dept. and sale outside
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1329 Points)
Replied 23 September 2018
timber auction for teak.local quality other woods,
Vinod Babu
(24191 Points)
Replied 23 September 2018
You can check rates though below mentioned link:
https://cbec-gst.gov.in/gst-good...
https://cbec-gst.gov.in/gst-good...
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