engaged in a trading of Home appliances items and Vegitable
can I opt Composition Scheme under GST ?
is Vegitable sale Exempted Supply or Non taxable supply?
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Composition Scheme - Non taxable
Replies (4)
Quick Summary
In my opinion vegetables sales is exempt sales.
And second thi g yes you can opt composition scheme u/s 10(1/2) up to turnover limit in your state(1.5cr/75lakh).
Exempt supply is also cover in aggrigate turnover of state so consider sales of both.
And second thi g yes you can opt composition scheme u/s 10(1/2) up to turnover limit in your state(1.5cr/75lakh).
Exempt supply is also cover in aggrigate turnover of state so consider sales of both.
If vegetable is packed it is not exempted.
otherwise exempted.Home appliances trading gst registration not required.
otherwise exempted.Home appliances trading gst registration not required.
Yes you can opt for composition scheme
As per Notification 2/2017 CT rate yes vegetable is Exempted.
As per Notification 2/2017 CT rate yes vegetable is Exempted.
Turnover is essential . Gst registration is always acceptable.
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