Composition scheme

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14 Points Posted on 22 February 2021
whether exempted sales under composition scheme comes under GST ?
and what percentage we will take it as sales
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On 22 February 2021 at 12:25 Report
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Sales that are exempt from GST are not included under the composition scheme. This means no tax liability arises for these sales. Businesses operating under the composition scheme can still sell exempted goods or services, and the list of these exemptions is the same as for regular taxpayers.

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Chartered Accountant
86505 Points Posted on 22 February 2021
Exempted Sales are not covered under Composition Scheme and no liability arises on it to pay tax.
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On 22 February 2021 at 20:54
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CA
1258 Points Posted on 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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On 28 February 2021 at 16:45

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