Regarding GSTR - 4
veera pavan kumar (SELF EMPLOYED) (109 Points)
13 December 2017veera pavan kumar (SELF EMPLOYED) (109 Points)
13 December 2017
sonu kumar Choudhary
(Chartered Accountant)
(145 Points)
Replied 13 December 2017
Hi veera pawan,
The composition scheme should be three types of rate 1% (for trader) , 2% (Manufacture) and 5%( For Supplier of food or drink for human consumption without alcohol) (as applicable in your case) of turnover . So, you have to pay the the tax on the the turnover .