FOREST WOOD CONTRACTORS GST RATE?
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Composition
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.
No tax will be charged while raising the invoice.
As per my view.,
I think it's not covered under Composition scheme...
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...
https://cbec-gst.gov.in/gst-good...
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