28 February 2018
i have a client supplier of crush stone, m sand, khadi , reti etc only (not cement, steel, higher rate material supplier). on this material 5% gst is applicable. not my question is whether he opt for composition scheme to pay gst and return file. or regular scheme. he not gets bills from where he purchased material . so what is better scheme and what will be gst rate to pay his gst liabilities?
03 March 2018
As long as he is only a trader and not a service provider he can opt for composition scheme and rate of tax will be 1%. If he cannot take purchase bills then composition scheme will be better for him.
CAclubindia
