whether to include exempted supply with total turnover for the purpose of computing tax on turnover or only taxable supply will be part of turnover.....please answer
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 30 October 2018
Are you a compostion supplier ?.
MY Indians Tv
(292 Points)
Replied 30 October 2018
for the purpose of computing aggregate turnover u/s 2(6) of cgst turnover includes exempted supplies.
For computing of turnover for the purpose composition eligibility turnover excludes exempted supplies by way of lending,deposits etc
For computing of turnover for the purpose composition eligibility turnover excludes exempted supplies by way of lending,deposits etc
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 30 October 2018
| Originally posted by : MANISH KUMAR MASKARA | ||
 |
yes I m a composite dealer |  |
For Payment of GST then You can only Take Taxable Supplies and Pay Tax on the Value...
For thrshold limit then Take Taxable Supplies and Exempted Supplies....
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