Composition scheme


09 November 2017 Dear Sri/Madam,
Nill or exempted goods are taxable in composition Scheme.

09 November 2017 You mean Outward Supplies...??!

10 November 2017 Yes sir. Outward supplies

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...

10 November 2017 Thank You Sir.

10 November 2017 You are welcome

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.

13 November 2017 Composition Dealer ll be pay Tax on his total sales.... including all sales


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details