A registered regular scheme dealer sales of rice goods taxable 5 tax rate and exempt rice up to 31-03-23 gstr3b and gstr1 returns filed
but dealer regular scheme conversation to composite scheme from 01-04-23.
question:
dealer selling of rice taxable and exempt rice both turnovers tax pay compulsory for composite dealer.
No....
need to pay tax 1% only on taxable turnover.
CAclubindia
