what will be the applicable tax rate ,if a trader registered as a composition tax payer, provide any service
how much tax he had to pay on the amount of that service
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Tax rate under composition scheme
Replies (7)
6% in composition scheem
6% on Turnover is applicable in case if you have opted composition scheme in term of
Notification 2/2019 CT (R) , else it's 1% on Turnover
Note: Composition declare cannot collect GST from Recepient.(as per Section 10)
Notification 2/2019 CT (R) , else it's 1% on Turnover
Note: Composition declare cannot collect GST from Recepient.(as per Section 10)
**composition dealer cannot collect GST
6% in new compo scheme not covered in sec 10
6 % in new scheme..
@ Kishor Lulla
Kindly refer Notification 20/2019 CT , under S.no 3(b) , it's being inserted in Section 10 of CGST Act
Kindly refer Notification 20/2019 CT , under S.no 3(b) , it's being inserted in Section 10 of CGST Act
thanks everybody
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