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Regarding composite scheme

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(Querist)
12 June 2017 Dear sir
My turnover is less than 20 lakh and I purchase the goods from outside state and presently paying the vat of rs approx 138000. I want to know that, can I go for composite scheme, if yes then how much tax I haave to pay. My state is bihar
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
13 June 2017 If ypir turnover is less than 2000000 then no need to get register under GST. Instead you want to register then you can register under composition scheme. Under composition rate is 0.5% excluding manufacturer.
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