GST composition scheme.

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ca
310 Points Joined September 2011
manufacturer is supplying intrastate....
taxable goods turnover 40Lakh
Nil rated goods 20Lakh

what is his tax liability?
whether 2% computed on 60 lakh
or
2% on 40 lakh since 20lakh is exempt?
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On 17 April 2018 at 18:51 Report
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.
317 Points Joined July 2013
On 60 lacs.....but the rate is 1%
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On 17 April 2018 at 20:12


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