Composite scheme

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if i sale 40 lakh in annual year.
how much per cent tax is appplicable
Replies (15)
If you are manufacturer(other than of ice cream, pan masala,tobacco) then 2% & in other cases it is 1%

In addition to above if you are running restaurant then Rate will be 5%.

rate has been changed in meeting of 11.6.2017
for traders 0.5%
for manufactor 1%
for restaurant owner 2.5%
what rate applicable for photocopy/
what rate applicable fr photocopy business under composite scheme
photo copy is a service, composition is not alowed
boss..my material cost for making copies is 60 percent..I make a new product fr them n hence I think it can qualify...plus it's a small bissiness
some have guided me that as my material cost is nearly 50 percent I can qualify as manufacturer

@ rockey these rates are of cgst and sgst will also be applicable with same rate hence rate will be doubled.

The category of registered persons, eligible for composition levy under section 10 and these rules, specified in column (2) of the Table below shall pay tax under section 10 at the rate specified in column (3) of the said Table: 
(1) (2) 1 Manufacturers, other than manufacturers of such goods as may be notified by the Government one per cent. 2 Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II two and a half per cent. 3 Any other supplier eligible for composition levy under sec.10
half per cent
Let me know the GST rate on water treatment plant
suri sk have a tdg firmin regular vat turnover less than 50 lack desire to opt for compo scm close stock 30 Jun appx 35 lack all u p purchase from read dealer will have to pay previous vat on it or not ?
correction ( read dealer) s k suri


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