Menu
composition in GST
Dealer , deals in petrol and lubricant . If he opts for composition will his turnover include the petrol sales
Replies (2)
Turnover of Petrol sales will not be included
At present, crude oil, natural gas, ATF, diesel and petrol are not in the purview of GST so sale of these will not be included in calculating turnover of GST.
Recent Topics :
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
- Is it possible to get a refund for an accidental o
- ITR-3 Section P&L - speculative income - no bo
- Foreign Assets reporting
- Build corpus in HUF
- Queries with the new form 144
- Updating form 10-ee and Schedule FA if there is ch
- Sale of property in SLUM area ....SRA
Related Topics :
CAclubindia
