Gst and i.t. query

1. composite scheme registered dealer sales of goods turnover Rs.60 lacs and supply of services turnover Rs.6 lacs.
composite tax rate applicable 1% or 6%.
2. composite scheme registered dealer supply of services Rs.40 lacs and sales of goods Rs.5 lacs.
composite tax applicable 1% or 6% on turnover.
3.it.assess interest minimum rate of received and payment on un secured and cash debtors
Replies (5)
Quick Summary
This discussion addresses queries regarding the Goods and Services Tax (GST) composite scheme. It explores the applicable tax rates (1% or 6%) for dealers with mixed turnover of goods and services. Additionally, it touches upon Income Tax (IT) regulations concerning minimum interest rates on unsecured and cash loans, and the implications of cash transactions exceeding ₹20,000.

Plz retype the 3rd question with more information.
I.t. assess rate minimum rate of interest on cash loan creditors and cash loan debtor
Guruvu garu .. telugulo adagandi. naku meeru cheppindi ardham kaledu
Veddi payment and receipt rate minimum in I.t. act for raavalasen and chelliencha valisena bakees
Naku telisinanta varaku IT lo ravalasina chellinchavalaina bakeelaku vaddi intha ani emi ledu.. adi contract batti nirnayinchukovali. kaani ₹20,000 minchi cash loan ivvatam kani cash loan repayment kani cheyyakudadu.. penalty padutundi

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