Composition scheme

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INTER+CPT
115 Points Joined October 2012
For traders under composition Gst rate @ 1% turnover.

Whether Turnover is inclusive of exempted sales or not?
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On 24 January 2018 at 22:08 Report
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25 Points Joined August 2017
actually a person registered under composition scheme shall not be eligible to make exempted sale, so exempted sale shall not be included in total turnover
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On 24 January 2018 at 22:14
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Unemployed
135 Points Joined December 2009
only persons dealing with taxable goods can opt for composition scheme
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On 25 January 2018 at 09:49
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CA
287 Points Joined August 2017

For turnover calculation under composition scheme, exempt sales have to be included.

Know more about relevant faq here : GST Forum India

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On 25 January 2018 at 10:58
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Chartered Accountant-Practitioner
140 Points Joined February 2011

You have to pay 1% GST only on taxable turnover from January 01, 2018.

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On 25 January 2018 at 21:32


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