composition scheme

Manoj Gonarkar (Accountant) (125 Points)

25 September 2018

tax rate on tax free sale under composition scheme???

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8 Replies

Tarun Singhal (151 Points)
Replied 25 September 2018

we dont need to pay taxes on tax free sales made by a composition dealer

Manoj Gonarkar (Accountant) (125 Points)
Replied 25 September 2018

then under composition where to show tax free sale

Tarun Singhal (151 Points)
Replied 25 September 2018

still we cant show our tax free sales in gstr 4

Manoj Gonarkar (Accountant) (125 Points)
Replied 25 September 2018

then we have to file nil composition scheme return???

Tarun Singhal (151 Points)
Replied 25 September 2018

if we dont have any taxable sale then we can file nil returns

Manoj Gonarkar (Accountant) (125 Points)
Replied 25 September 2018

don't have??????????

Tarun Singhal (151 Points)
Replied 25 September 2018

i mean if all your sales are tax free then u can file nil return
because in gstr 4 no option is availble to show such sale

Vinod Babu (24191 Points)
Replied 26 September 2018

Please explain Tax free sale? Is goods exempted or not.

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