composition dealer
Harsh Dwivedi (Service) (69 Points)
04 March 2019
can person registered under composition dealer can sale taxable goods and exempt goods together
Harsh Dwivedi (Service) (69 Points)
04 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 04 March 2019
Yes, they can sale both taxable as well as exempt goods
However composition tax is to be paid only on turnover of taxable goods and not on exempt sales
Harsh Dwivedi
(Service)
(69 Points)
Replied 04 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 04 March 2019
Yes, refer to notification 1/2018 dt 1-1-2018
under that notification clause b
Link for notification is
https://cbec-gst.gov.in/pdf/central-tax/Notification-1-2018-central_tax-English.pdf
Harsh Dwivedi
(Service)
(69 Points)
Replied 04 March 2019
Harsh Dwivedi
(Service)
(69 Points)
Replied 04 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 04 March 2019
Harsh
As already mentioned, composition dealer can sell both exempt as well as taxable goods together.
There is no such restriction that they cant sell both together.
Harsh Dwivedi
(Service)
(69 Points)
Replied 04 March 2019
Pankhuri Agrawal
(Chartered Accountant)
(412 Points)
Replied 04 March 2019
Condition states that they cannot engage in Non taxable supply, however, a Composition dealer can make Exempt supply which is different from taxable supply. You can refer definition of 'Exempt supply (section 2(47)' & 'Non taxable supply (Section 2(78)' for further clearance
Shivam RC
(Student)
(23683 Points)
Replied 04 March 2019
Sakshi Mehta
(-)
(252 Points)
Replied 09 March 2019
Priya Kashyap
(Student)
(7048 Points)
Replied 09 March 2019
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