Exempted goods for composition dealer

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INCOME TAX PRACTITIONER
1329 Points Posted on 11 April 2019

IF A COMPOSITION DEALER SELLS EXEMPTED GOODS MEANS,

IT IS TAXABLE OR NOT?

 

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On 11 April 2019 at 17:05 Report
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24196 Points Posted on 11 April 2019
no gst on exempted sales for composition dealer.
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On 11 April 2019 at 18:48
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INCOME TAX PRACTITIONER
1329 Points Posted on 11 April 2019

SO,

HE CAN DO COMPOSITION TAXABLE SALES 1% GST (.5+.5) FOR 25000/- , AS WELL AS HE CAN SELL ALSO EXEMPTED GOODS FOR RS.50000/-  IN GSTR 4.

RIGHT SIR?

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On 11 April 2019 at 19:52
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GST Practitioner
55067 Points Posted on 12 April 2019
As per Notification 1/2018 CT Dated 1/1/2018: the Composit dealer is not reguired to pay GST on exempted supply
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On 12 April 2019 at 00:25
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GST Practitioner
55067 Points Posted on 12 April 2019
Sorry dear it's Notification 1/2018 CT. Can sell as exempted , no need to charge GST
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On 12 April 2019 at 00:27
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INCOME TAX PRACTITIONER
1329 Points Posted on 12 April 2019

THANKS VERYMUCH.

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On 12 April 2019 at 11:08
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7059 Points Posted on 04 August 2019
good clarification and information
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On 04 August 2019 at 17:08

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