banner_ad

Vat liability calculation for the composition scheme retaile

This query is : Resolved 

06 August 2013 Respected Sir/madam,
i want to know that how to calculate vat liability for the retailer who is under the composition scheme .
for example total sale is 100000 taxable sales is 80,000
non taxable sale is 20,000
then vat is calculated on 80,000 or 1,00,000?
please provide me the solution any one who know the answer.
thanks and Regards in advance.


09 August 2013 Under composition scheme for retailers gross amount including sale of tax free or 0% goods is to be consider for arriving TO liable for composition method. (Mah. Vat)


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details