IF A COMPOSITION DEALER SELLS EXEMPTED GOODS MEANS,
IT IS TAXABLE OR NOT?
Exempted goods for composition dealer
MURALIDOSS (INCOME TAX PRACTITIONER) (1314 Points)
11 April 2019
MURALIDOSS (INCOME TAX PRACTITIONER) (1314 Points)
11 April 2019IF A COMPOSITION DEALER SELLS EXEMPTED GOODS MEANS,
IT IS TAXABLE OR NOT?
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1314 Points)
Replied 11 April 2019
SO,
HE CAN DO COMPOSITION TAXABLE SALES 1% GST (.5+.5) FOR 25000/- , AS WELL AS HE CAN SELL ALSO EXEMPTED GOODS FOR RS.50000/- IN GSTR 4.
RIGHT SIR?
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 12 April 2019
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 12 April 2019
CAclubindia
