GST COMOSITION SCHEME
This query is : Resolved
22 June 2017
whether turnover exempt or nil rated GOODS are is liable for tax for composition supplier under GST
23 June 2017
Sir, Composition scheme under GST is just to provide little bit relaxation to small dealers whose turnover is less than Rs. 75 lakhs. Any scheme framed under law cannot override a legislation and under composition scheme also we have to pay tax on taxable supplies if any supply is itself not taxable or taxable at zero rate then composition scheme cannot make any such supply taxable or charges tax at zero rated supplies
I hope you are getting my point what i'm trying to say
I hope you are getting my point what i'm trying to say
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