Gst rate composition flax printing dealer

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50 Points Posted on 19 October 2020
gst rate composition flax printing dealer
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On 19 October 2020 at 10:14 Report
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This discussion clarifies the GST rate applicable to flax printing dealers. Printing is considered a service, and under Section 10(2A) of the GST Act, dealers with a previous year's turnover under 50 lakhs can opt for a 6% GST rate (3% CGST, 3% SGST) in the current year, up to an aggregate turnover of 50 lakhs. This rate applies if printing is the predominant activity provided.

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197 Points Posted on 19 October 2020
Printing is supply of service therefore not covered under section 10(1) ...as per section 10(2A) if py turnover is less than 50 lacs then in current year you will have to pay 6% GST (3% CGST AND 3%SGST) upto the aggregate turnover of Rs 50 lacs.
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On 19 October 2020 at 11:07
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50 Points Posted on 19 October 2020
He is not coverd 1 percent
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On 19 October 2020 at 11:18
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197 Points Posted on 19 October 2020
No he is not covered under section 10(1) being a service provider as printing is the predominant activity which the supplier is providing.
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On 19 October 2020 at 11:35

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