Which was the best GST or composition scheme

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My shop yearly tornover is 42 to 45 lakh
How much tax paid in gst

Replies (21)
Depends on your margin & tax rate of goods.
Depends on your margin & tax rate of goods.
question is not clear!
question is not clear!
if prod mrp based then composition scheme is better, but if ur prod transaction based then regular is best
tax rate hai 5% Gst mai pice to pice ka bill stock rakhna padta hai ya total stock ka
total
Gst mai pice to pice to ka stock rakhna padta hai ya total stock denge tho chalega ya nahi.
dekhiye meri kapde ki dukan hai me saal mai 35lakh purchase karta hu45 sales karta hu tho mere liye kounsa tax accha hoga
Better to opt composition scheme.

But you have to pay tax on stock purchased from unregister person.
apke case me reg me 10 lakhs (profit) *5% =50000 gst aur composition me 45lakh * 1%= 45000
u go for composition
Abhi mera stock pichle ka stock 23lakh ka march 30 takh aur 1 aprilse lakh 9lakh purchase kiya total 32 lakh hogaya usme mene 14 lakh ka sale kardiya hai 1april se 30 june takh tho kya ab mujhe tax barna padega ya nahi
konse stock par


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