Composition scheme

150 views 1 replies
whether assessee opting for composition scheme has to pay gst on exempted sale of goods or not????
Replies (1)

SPECIFIED RATE OF TAX ON FULL TURNOVER HAS TO BE PAID IRRESPECTIVE OF EXEMPTED GOODS, NIL RATED GOODS OR TAXABLE GOODS. IF THE ASSESSEE DEALS MOSTLY IN EXEMPTED GOODS IT IS ADVISABLE NOT OPT FOR COMPOSITION SCHEME


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register