COMPOSITION RATE ABOUT SOFTDRINKS

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we are traders of cold drinks so how many percent of the GST rate will be payable in composition registration?
Replies (5)
The composition levy rates under GST are as follows:

        1% of the turnover for traders and other suppliers eligible for composition scheme registration

        2% of the turnover for manufacturers apart from manufacturers of products not eligible for GST composition scheme

        5% of the turnover for restaurant services  

        6% of the turnover for businesses providing services/mixed services (other than restaurant services). This is applicable from 1st April 2019 onwards.

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Dear sir, I suppose that Composition rate 1 % of the turnover for manufacturers, not 2%.
Originally posted by : Tapas Samadder
Dear sir, I suppose that Composition rate 1 % of the turnover for manufacturers, not 2%.

 

Are You mfg or Trader?

See my above reply with Your stands of MFG / Trader

I am mfg , I pay 1 % tax ? and who pay 2% on turnover?
Not possible.


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