composition dealer
Harsh Dwivedi (Service) (69 Points)
04 March 2019
can person registered under composition dealer can sale taxable goods and exempt goods together
12 Replies
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
Is there any notification or circular regarding this
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
I want clarification regarding that composition dealer can sale exempt goods
Harsh Dwivedi
(Service)
(69 Points)
Replied 04 March 2019
My query is whether composite dealer can sale exempt goods and taxable goods together.
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
Sahilji
I want a return proof through notification or circular.
As condition for composition dealer it is mention that they cannot sale exempt goods
I want a return proof through notification or circular.
As condition for composition dealer it is mention that they cannot sale exempt goods
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
Composition Scheme Dealers can sale both Exempted as well as Taxable Goods.
But, as per the Provision of Section 10(2) of the CGST Act 2017, Composition Scheme Dealers cannot deal in Non-Taxable Supply ( such as Alcoholic liquor for human consumption ).
There's a difference between EXEMPT SUPPLY [ u/s 2(47) ] and NON-TAXABLE SUPPLY [ u/s 2(78) ].
Regards.
But, as per the Provision of Section 10(2) of the CGST Act 2017, Composition Scheme Dealers cannot deal in Non-Taxable Supply ( such as Alcoholic liquor for human consumption ).
There's a difference between EXEMPT SUPPLY [ u/s 2(47) ] and NON-TAXABLE SUPPLY [ u/s 2(78) ].
Regards.
Sakshi Mehta
(-)
(252 Points)
Replied 09 March 2019
yeah ofcourse he can do so
Varna sarkaar Ko bolta nanga hi toh Aya tha ghanta hi Leah jaounga
Varna sarkaar Ko bolta nanga hi toh Aya tha ghanta hi Leah jaounga
Priya Kashyap
(Student)
(7053 Points)
Replied 09 March 2019
Composition scheme applicable here the case provided
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