composition

121 views 3 replies
if an bussiness have both type of goods for trading i.e. taxable goods and exempted goods, if the business opt to composition scheme then on which amount he has to pay tax. either on only taxable goods or total sales including exempted goods?
Replies (3)

The person has to pay tax only on the taxable goods not on exempted goods under gst composition scheme.You have to pay tax 2 or 5 or .5 according to your nature of goods.

On total Sales
please update with the section number of ACT for more clarification


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register