Sir if any business man selling goods to b2c basis and he is opting composition scheme then what will be tax rate. 0.5% or 1%
Bcz if he is selling goods in one state then he is liable for only sgst..
1 Replies
CA Akhilesh Kumar Kandpal
(Proprietor A K Kandpal & Associates)
(1442 Points)
Replied 09 July 2017
rate is 1% (0.5% sgst +0.5% of cgst) if you are selling goods under composition scheme and you are not a manufacturer.....for manufacturers rate is 2%........
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