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composition

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jaipur
257 Points Joined September 2011
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?
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On 05 July 2017 at 10:49 Report
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Finance Professional
3931 Points Joined May 2015

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.

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On 05 July 2017 at 10:54
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STUDENT
91 Points Joined August 2014
On total Sales
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On 05 July 2017 at 11:02
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jaipur
257 Points Joined September 2011
please update with the section number of ACT for more clarification
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On 05 July 2017 at 11:11

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