what will be tax rate in composition scheme on cloths as in stock on 30 june 2017

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what will be tax rate on stock as in 30 June on cloth
earlier cloth was examted goods before gst what should a gst
and composition delear do and earlier on clothes there was excise and central vat
Replies (1)
If you opted for composition scheme on or before 16th August, you have to pay tax at 1% on the value of supplies if you are a trader. No ITC. No tax payable on stock.


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