Exemption of Tax to Composition dealer

I am dealing in sale of exmeted goods and having registratration under composition scheme. Am I liable to pay tax @ 1%, as I am not registered under regular scheme ??
Replies (2)
Quick Summary
This discussion clarifies tax liability for dealers registered under the composition scheme who sell exempt goods. It confirms that even when dealing with exempt goods, if you are registered under the composition scheme, you are generally liable to pay tax at the specified rate (e.g., 1%), unless specific exemptions apply. The key distinction is between goods and services, which can affect tax treatment.

Yes, that is true...              

Is it services or goods?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details