composition scheme

Bollarapu (Others) (22 Points)

30 November 2018

If composition scheme opted for food items (sweets shop) , how much percentage paid by composition dealer on food items either 1% or 5%?

Reply
Follow
Share

4 Replies

CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13989 Points)
Replied 30 November 2018

It is 1% in both case of sweet traders and manufacturers. 5% is the rate for restaurent.

1 Like

CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13989 Points)
Replied 30 November 2018

As per Govt. notification 1/2018 it has been changed to 1% from 2% w.e.f. Jan 1, 2018.

1 Like

Vinod Babu (24196 Points)
Replied 30 November 2018

Yes, it is 1% gst for traders and manufacturer.

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 01 December 2018

Its 1% GST .......

Start a New Discussion