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Query regarding Composition Registration

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183 Points Posted on 12 September 2023
A veterinary doctor wants to register under composition scheme. He also deals in medicine selling and laboratory service. What will the rate of tax i.e. 1% or 6%? Will he be covered under service provider or trader?
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On 12 September 2023 at 12:08 Report
Replies (3)
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"Do the Right Thing...!!!"
128152 Points Posted on 12 September 2023
I don't know how its possible...

Bcoz,

A Doctor can't act a Medicine seller and Laboratory service...!!!
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On 12 September 2023 at 15:56
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122 Points Posted on 13 September 2023
Pay 1% on medicine selling and 6% on laboratory service and he will be covered under both service and trader
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On 13 September 2023 at 22:40
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183 Points Posted on 14 September 2023
How can we pay tax at two different rates under composition scheme? We have to choose one major supply i.e. supply of services or supply of goods.
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On 14 September 2023 at 13:33


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