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Regarding GSTR - 4
Can any one help regarding my query on gstr 4. My issue is ours is a trading concern and we are a composition scheme dealer we are selling the Nil rated good rice. There is no rate of tax on it under GST. But in gstr-4 there is only 3 rates 1, 2, 5 now where should we declare our turn over. Awaiting for the reply
Replies (1)
Hi veera pawan,
The composition scheme should be three types of rate 1% (for trader) , 2% (Manufacture) and 5%( For Supplier of food or drink for human consumption without alcohol) (as applicable in your case) of turnover . So, you have to pay the the tax on the the turnover .
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