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Taxable or exempted turnover show in cmp-08 returns
A Gst registered composite scheme dealer sales of taxable turnover only show in composite returns cmp-08 or taxable and exempted both turnovers show in cmp-08 returns.
Replies (2)
both turnovers are to be shown by adding them as there is no separate column for declaring exempt sales but tax will be payable only on taxable sales. In GSTR-4 you can declare exempted sales under 0% rate column of outward supplies.
Both taxable and exempted need to show
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