What would be GST rate, if a person running a medical stores wants to opt for compositon scheme in GST.
Thanks in advance
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Gst-composition scheme rates for medical stores
Replies (6)
1% for traders
so i have to filed the return under Presumptive scheme?
i think this year Govt has changed FORM 4, now its only for presumptive income
Can Medical Stores opt for Compositon scheme as they are selling meicaines on MRP.
Whether it will effect the Distributors and in what way
Did you get any reply for this query? If yes, please share it with me also.
Hii, I have same Query if a medical Store opted for Composition scheme, sell the Medicine at MRP inclusive of all taxes, whether he have to reverse taxes which are already included in MRP Rate.
I think they should sale medicine at mrp - GST
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