Treatment of Tax free sales under GST

Yogesh Tirthani (Student) (292 Points)

03 September 2018

What will be the Treatment of Tax free sales under GST ..., If I am composition dealer under GST ???

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10 Replies

Vinod Babu (24196 Points)
Replied 03 September 2018

Tax free sales means? Exempted goods or you are giving free goods. Please mention.

Yogesh Tirthani (Student) (292 Points)
Replied 03 September 2018

tax free sales means exempted goods !!

Suvendu (Accounts) (429 Points)
Replied 03 September 2018

Composite dealer can not sales exempted goods as per GST rules.

Yogesh Tirthani (Student) (292 Points)
Replied 03 September 2018

please share the relevant section or rules of the act @ suvendu ....

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 03 September 2018

Compsoit dealer can supply exempted supply but cant deals in Non GST goods

Kindly Refer Section 10(2) (b)

Yogesh Tirthani (Student) (292 Points)
Replied 03 September 2018

For example my quarterly total sales is 400000 & out of that 46000 is tax free what would do in gstr4

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 03 September 2018

No need to show Exempted sale , moreover there is no column in GSTR 4 to show such sales

Yogesh Tirthani (Student) (292 Points)
Replied 03 September 2018

ok thank u ....i understood

Vinod Babu (24196 Points)
Replied 03 September 2018

As per Notification 1/2018, CT dated 01.01.2018, Composition Scheme Dealers have to pay tax on their taxable turnover of Goods.

Yogesh Tirthani (Student) (292 Points)
Replied 05 September 2018

Thank you very much Vinod babu....

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