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Composition

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INCOME TAX PRACTITIONER
1329 Points Joined August 2012

FOREST WOOD CONTRACTORS GST RATE?

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On 22 September 2018 at 20:30 Report
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Expert
360 Points Joined April 2015

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

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On 22 September 2018 at 20:34
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INCOME TAX PRACTITIONER
1329 Points Joined August 2012

TAking Forestry Timber through  auction and sale outside.

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On 22 September 2018 at 20:43
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24196 Points Joined May 2018
For composition dealer, 1% gst to be paid on taxable outwards supplies in gst returns.

No tax will be charged while raising the invoice.
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On 22 September 2018 at 21:04
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
As per my view.,

I think it's not covered under Composition scheme...
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On 22 September 2018 at 21:32
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INCOME TAX PRACTITIONER
1329 Points Joined August 2012

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

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On 22 September 2018 at 22:19
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24196 Points Joined May 2018
Generally rough wood is taxable @ 18% gst rate
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On 22 September 2018 at 22:21
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INCOME TAX PRACTITIONER
1329 Points Joined August 2012

timber auction for teak.local quality other woods,

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On 23 September 2018 at 10:43
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24196 Points Joined May 2018
You can check rates though below mentioned link:

https://cbec-gst.gov.in/gst-good...
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On 23 September 2018 at 18:10

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