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Drawback of composite scheme ?

Others 240 views 2 replies

If I have entered into composite scheme under GST and i have been engeged in doing Government Department Supplies than how will i recieve my 4% tax that is deducted during the time i recieve payment through Cheque or NEFT ?

Replies (2)
you will not receive 4% if you want that then go for normal scheme
We are manufacturer and supplier of knitted garments, in excise regime were claimed Air DBK without availing Cenvat credit. In GST regime would like to claim Lower Rate dbk with ITC so pls guide me what declaration should be going on S. Bill if not paying I GST.


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