23 May 2018
dear all.
please help me out with this query.as we all know a registered person is not required to pay tax on exempted goods either inward or outward.
but in case of supplier under composition scheme dealing in exempted n non exempted goods ...is he required to pay tax on output supply of total sales made during the particular period. I.e is required to pay tax on exempted & non exempted goods both...?
kindly revert
CAclubindia
