Menu
Composition scheme on MRP Value
Can a composition dealer can sell the product on MRP Value? since the GST is included in the MRP Value?
Replies (2)
For Composition Deler , GST is payable on certain percentage of the Turnover, 1%, 2.5%
as the Case may be.
as the Case may be.
Yes you can. As Compsoition dealer need to deposit tax on turnover & cannot collect tax from customer .
So you can bill at MRP but cannot collect tax over MRP.
So you can bill at MRP but cannot collect tax over MRP.
Related Threads
CAclubindia
