Can Any Know Gst Rate for Building Material Supply under Composition Scheme.
Please guide me for above quiery.
Composition scheme applies to :
Restaurant Services (Not serving Alcohol) - 5%
Trader of Goods - 1%
Manufacturer of Goods (Subject to Exceptions) - 5%
In case you are a trader you have to pay GST @ 1% on all your outward supplies.
The rate is not goods/services specific. On,y depends on the above 3 criteria.
CAclubindia
