About exempted good now in gst which is taxable

Manish jain (CHARTERED ACCOUNTANT) (34 Points)

22 June 2017  
I HAVE EXEMPTED STOCK OF 20 LAKH OF FABRIC NOW IN GST I WANT TO GO FOR COMPOSITION , NOW UNDER GST IT IS A TAXABLE GOODS, SO FOR DECLARING STOCK OF 20 LAKH WHETHER ANY TAX LIABLITY ARISES ??