GST composition scheme ,
is composition tax payer have to include nil rated supply in their total turnover to pay tax
Deepak Gupta
(CA Student)
(15922 Points)
Replied 10 February 2021
Yes.
Exempt supply is defined u/s 2(47) of CGST Act and it includes supply which attracts nil rate of tax.
CA Subba Reddy Bonam
(Practising chartered accountant)
(496 Points)
Replied 10 February 2021
Dear Mr. Joshi,
You need to include Nil/ exempted supplies also in aggregate turnover (threshold limit) to see the availability of Composition Scheme.
CAclubindia
