08 April 2024
sir, Dealer composite scheme registered in gst act. dealer sale turnover f.y 19-20 rs:41 lacs detailes mentioned below 1.Sale of gunnies goods local state (intra state) turnover rs:37 lacs 2.Sale of gunnies goods other state(inter-state)turnover rs:4 lacs total tax 37 lacs+4 lacs = 41 lacs tax rate pay on 1 % rs:41,000/- paid year 19-20. if state gst officer notice issued recently sec 10(2)(C ) provision violation in gst act dealer not allowed other state sales transactions in gst act and local sale turnover + other state sale turnover year 19-20 41 lacs tax applicable rate 5% rs:205000/- tax demand raised. Doubt:Dealer year 19-20 local sale turnover + other state sale turnover 5 % tax rs:205000/- paid compulsory .
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