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Taxable or exempted turnover show in cmp-08 returns

Kollipara Sundaraiah (B.com) (2963 Points)

29 August 2022

A Gst registered composite scheme dealer sales of taxable turnover only show in composite returns cmp-08 or taxable and exempted both turnovers show in cmp-08 returns.

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CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13627 Points)
Replied 31 August 2022

both turnovers are to be shown by adding them as there is no separate column for declaring exempt sales but tax will be payable only on taxable sales. In GSTR-4 you can declare exempted sales under 0% rate column of outward supplies.

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