whether exempted sales under composition scheme comes under GST ?
and what percentage we will take it as sales
Bala Ganesh (14 Points)
22 February 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86285 Points)
Replied 22 February 2021
Bhavika Kothari
(CA)
(1258 Points)
Replied 28 February 2021
If this is related to selling exempted goods or services then a taxpayer registered under composition scheme can sell exempted goods. The list of exempted goods is same as that for regular taxpayer. There are no separate goods which are considered as exempted for composition scheme
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