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Composition Delear

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113 Points Posted on 09 October 2018
A person running a Bakery shop can he opt for composition scheme under GST if so what is tax slab applicable to him i. e. he will be under 5% slab or 1% slab ,also what is the HSN for the same
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On 09 October 2018 at 10:37 Report
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Chartered Accountant
4524 Points Posted on 09 October 2018
Eligibility - Yes, he can opt
Tax Slab- 1%
HSN Code- 1905
25 Reply
On 09 October 2018 at 11:54
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24196 Points Posted on 09 October 2018
compostion scheme can be taken for bakery business.
1% gst is to be paid on taxable outwards supplies.
161 Reply
On 09 October 2018 at 22:31
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18 Points Posted on 10 October 2018
1% , only restaurant service have tax rate of 5%
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On 10 October 2018 at 00:14
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7059 Points Posted on 10 August 2019
good clarification and information
33 Reply
On 10 August 2019 at 18:59


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