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related to composition scheme

chetan (studant) (68 Points)

27 May 2017

whether a person eligible to opt the scheme of composition scheme, if he is engaged to suppling the taxable goods and non taxable goods in intra state sale.

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6 Replies

Studentsca (CA Practice ) (3577 Points)
Replied 27 May 2017

No he is not eligible because section 10(2) of the CGST Act clearly states that he should not be engaged in making any supply of goods not leviable to tax under this act.

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chetan (studant) (68 Points)
Replied 27 May 2017

If a trader is selling taxable as well as exempted products whether he is eligible for composition scheme?

Studentsca (CA Practice ) (3577 Points)
Replied 27 May 2017

If the exempted goods are goods which attract nil rate of tax then he is eligible. However if exempt goods are not liable to tax then not eligible.

chetan (studant) (68 Points)
Replied 28 May 2017

can u tell me, product(s) which is not liable to tax

Studentsca (CA Practice ) (3577 Points)
Replied 28 May 2017

They have classified those goods which are not liable to tax, rate of tax in case of taxable goods etc in the meeting which took place on 18th and 19th May 2017. Refer that.