Composition 1% sale and exempted supply
This query is : Resolved
Mahabir Prasad Agarwal
(Querist)
27 January 2023
If a composition registered dealer in GST also supply exempted goods (in addition to taxable sale), is he liable to pay 1% GST on exempted sale also ?
Dhirajlal Rambhia
(Expert)
27 January 2023
A trader of goods registered as a composition dealer in GST is not required to pay GST on sale of Exempted goods. Refer notification no. 01/2018 (central tax) dated 01.01.2018.
However in case of manufacturer of goods he needs to pay 1% tax on total turnover (taxable as well as on exempted)
If a composition dealer is engaged in supply of Exempted goods, while filing CMP-08, details is to be given in column 3 (1) Outward supplies (including exempt supplies).
However in case of manufacturer of goods he needs to pay 1% tax on total turnover (taxable as well as on exempted)
If a composition dealer is engaged in supply of Exempted goods, while filing CMP-08, details is to be given in column 3 (1) Outward supplies (including exempt supplies).
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