Composite scheme exempt

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Business
190 Points Posted on 07 April 2020
is hsn2309 cattle feed husk comes under exempt good or not?
does a trader in composition scheme has to pay tax on turnover of it or not ?
dear members please guide on this issue🙏
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On 07 April 2020 at 06:49 Report
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This discussion concerns whether HSN 2309, relating to cattle feed husk, is exempt from tax. A key question is whether traders operating under the composite scheme are liable to pay tax on the turnover of this exempt item. While the item itself may be exempt, clarification is sought on reporting obligations for composite dealers, particularly regarding annual returns.

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227 Points Posted on 08 April 2020
Please check the tax rate on above hsn code
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On 08 April 2020 at 05:55
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Business
190 Points Posted on 08 April 2020
It's exempted, but a composite trader is he liable to pay tax on it or not
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On 08 April 2020 at 08:38
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227 Points Posted on 08 April 2020
Not it is not required because it allowed under section 10
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On 08 April 2020 at 08:46
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Business
190 Points Posted on 08 April 2020
But exempt sales has to be report under annual return sir .(gstr -9a)?
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On 08 April 2020 at 08:47

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