Building material supplier can go for composition scheme ?

This query is : Resolved

rupesh (Querist)
Follow

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?

RAJA P M

RAJA P M (Expert)
Follow

28 February 2018 He can't give any Services then he can opt composition scheme...

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Choudhary

HITESH NIRANJAN SAHU

Tax Expert Group

N.Chandrasekaran

Subscribe Now

Building material supplier can go for composition scheme ?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Article Assistant

GST CONSULTANT

GST CONSULTANCY

Manager- Finance and Compliance

Accountant