is there any tax on exempt supply under composition scheme for the quarter oct+dec. 2017..
please clarify..
2 Replies
Anirban Sinha
(CA in service)
(727 Points)
Replied 27 January 2018
Under composition scheme tax is leived on all goods including taxable and exempt supplies which has been defined in sec 2(112) i.e the turnover of Composition Scheme....
suraj jangid
(article)
(54 Points)
Replied 27 January 2018
ok sir thanku....but i think there is notification regarding it.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
