dear experts
plz clear the concept of paying half percent of turnover of taxable supplies only w.e.f 1.1.18 as per above notification in case of composition dealer engaged in trading.
as we know earlier it was 1% of total turnover.
what has actually amended?
Rate or turnover?
Menu
notification 1/2018 central tax
Replies (1)
actually rate change of composition for manufacturer 1 % instead 2% before 1/1/18
now manufacturer composition rate .5% cgst &
.5 % sgst
now manufacturer composition rate .5% cgst &
.5 % sgst
Recent Threads
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
Related Threads
CAclubindia
