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Composition scheme

This query is : Open 
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(Querist)
09 November 2017 Dear Sri/Madam,
Nill or exempted goods are taxable in composition Scheme.
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RAJA P M

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RAJA P M (Expert)
09 November 2017 You mean Outward Supplies...??!
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Sadhana jnagaraju

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Sadhana jnagaraju (Querist)
10 November 2017 Yes sir. Outward supplies
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RAJA P M

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RAJA P M (Expert)
10 November 2017 Yes... All are taxable under Composition Scheme... You ll be calculate tax your all sales bill amount... Tax = Supplies of Taxable + Excempted + Nil Rated...
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Sadhana jnagaraju

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Sadhana jnagaraju (Querist)
10 November 2017 Thank You Sir.
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RAJA P M

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RAJA P M (Expert)
10 November 2017 You are welcome
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
13 November 2017 Exempted turnover is included only for the purpose of calculating threshold turnover for composition dealers and not for payment of tax by composition dealers.
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RAJA P M

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RAJA P M (Expert)
13 November 2017 Composition Dealer ll be pay Tax on his total sales.... including all sales
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