Tax liability for composition dealer

298 views 4 replies
On what amount shall a Composition dealer dealing in both taxable and exempt/nil rated goods pay GST @ 1%

On total turnover (including exempted goods) or turnover of taxable goods only??
Replies (4)
Total Turn over - Include Exempted/Nil/Zero Rated goods
Can you please mention the relevant provisions of the law?

WHAT ARE THE TAX LIABILITIES ON PURCHASE FROM COMPOSITION DEALER ??

Purchased from Composition dealer no more tax liability to Buyers.. They ll show it in exempted column*. Also Separate column available for composition purchase...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register