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Treatment of Tax free sales under GST
What will be the Treatment of Tax free sales under GST ..., If I am composition dealer under GST ???
Replies (10)
Tax free sales means? Exempted goods or you are giving free goods. Please mention.
tax free sales means exempted goods !!
Composite dealer can not sales exempted goods as per GST rules.
please share the relevant section or rules of the act @ suvendu ....
Compsoit dealer can supply exempted supply but cant deals in Non GST goods
Kindly Refer Section 10(2) (b)
For example my quarterly total sales is 400000 & out of that 46000 is tax free what would do in gstr4
No need to show Exempted sale , moreover there is no column in GSTR 4 to show such sales
ok thank u ....i understood
As per Notification 1/2018, CT dated 01.01.2018, Composition Scheme Dealers have to pay tax on their taxable turnover of Goods.
Thank you very much Vinod babu....
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