composition scheme

03 September 2018

Under composition scheme whether tax is levied on total turnover or taxable turnover

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4 Replies

Shivam RC (Student) (23683 Points)
Replied 03 September 2018

As per Notification 1/2018, CT dated 01.01.2018, Composition Scheme Dealers have to pay tax on their TAXABLE TURNOVER of Goods.

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Vinod Babu (24196 Points)
Replied 03 September 2018

Gst to pe paid on taxable supplies wef 1jan2018 for composition dealers

Simple CRC (8 Points)
Replied 03 September 2018

GST to be levied on Taxable Turnover.

Asrar Rhatwal (17 Points)
Replied 22 September 2018

In composition scheme Tax levied on aggregate turnover for manufacturers and restaurants .
only case of traders tax lieved on only Taxable supply

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