Composition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 September 2017 Dear Sir,
I am dealer of Oilcake (5%) and Cattlefeed (0%). Whether I can opt composition scheme
or
I can not opt because of 0% sale of cattle feed ?
Please clarify.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

18 September 2017 You can opt but you have to pay tax on both even if cattle feed is exempt under GST.

CA AJAY KUMAR AGRAWAL

CA AJAY KUMAR AGRAWAL (Expert)
Follow

03 October 2017 Being a trader, you can avail composition scheme & you have to opt for both items & you have to pay GST @2% on both items. Rashmi has replied correctly.

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