Capital Goods sold by composition dealer, so what will be the rate of tax for fixed asset ( capital goods).
Air conditioner and furniture sold.
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COMPOSITION DEALER
Replies (4)
No gst to be collected on sales by composition dealer.
No need to Chargeable GST for sale by Composition Dealer in Any of the Goods by the Dealer.
so how will I pay tax on such supply
@ 1%…?
@ 1%…?
yes, you have to pay gst @ 1% on outward supplies in your returns.
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