Composition

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FOREST WOOD CONTRACTORS GST RATE?

Replies (8)

Let's explain the nature of Wood Work...

TAking Forestry Timber through  auction and sale outside.

For composition dealer, 1% gst to be paid on taxable outwards supplies in gst returns.

No tax will be charged while raising the invoice.
As per my view.,

I think it's not covered under Composition scheme...

sir, I am wrongly put composition as topic, I just want to know forest timber auction is how much the tax rate? He is taking timber from forest dept. and sale outside

Generally rough wood is taxable @ 18% gst rate

timber auction for teak.local quality other woods,

You can check rates though below mentioned link:

https://cbec-gst.gov.in/gst-good...


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