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Income Tax For Senior Citizens: How to File For AY 2026-27
GST composition scheme ,
is composition tax payer have to include nil rated supply in their total turnover to pay tax
Yes.
Exempt supply is defined u/s 2(47) of CGST Act and it includes supply which attracts nil rate of tax.
Dear Mr. Joshi,
You need to include Nil/ exempted supplies also in aggregate turnover (threshold limit) to see the availability of Composition Scheme.
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