Sweet sops
This query is : Open
10 September 2017
Sir , My Friend has a small sweet shop , he already reg Vat and 5 % of tax till June, known they are migrated in to GST,
if he is a regular Tax Payaer how much rate of tax to sell a sweets, his annual turnover is Rs. 1500000/- PA. whether he continues in regular or Composition, his Purchases bill will be App Rs.500000/- PA.
if he is a regular Tax Payaer how much rate of tax to sell a sweets, his annual turnover is Rs. 1500000/- PA. whether he continues in regular or Composition, his Purchases bill will be App Rs.500000/- PA.
11 September 2017
Tax rate is 12% better to opt for composition in your case.
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