composition scheme

Mitesh Shah (Article) (72 Points)

05 August 2018  
what if a person is in composition scheme under section 10 and he supply two types of goods.one is taxable @ 18% and one is Nil or exempt supply

Total supply @ 18 % goods is 300000/- and

Nil/ Exempt supply is 500000/-

what is the total taxable amount ?

Note/- He is mfg and 1% rate is applicable to him..


And another question is whether he can avail credit if he has paid GST under RCM