whether composition dealer charge tax from buyer or he has to pay tax on amount collected from buyer
I. e amount collected from buyer is inclusive of tax or not
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composition
Replies (6)
Composition Dealer do not charge any tax from the buyer. he has to pay tax on total sale
trader- 1%
manufacturer-2%
restaurant service- 5%
trader- 1%
manufacturer-2%
restaurant service- 5%
composition dealer has to pay 1% tax on his monthly sales and that tax should be from seller pocket should not charge to buyer
I think tax is paid on quaterly sale
It means it is not required to show tax amount in bill or invoice only show our GST no
Yes you are correct 3 months sales
yes you have to show only GST no with composition dealer printed
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