turnover
Ashok Sinha (26 Points)
03 November 2017
composition rate 1% for compounding traders, tell me that 1%gst tax on purchase or sale or total
3 Replies
B Vinay Reddy
(Hyderabad )
(7842 Points)
Replied 03 November 2017
Dear Mr.Ashok
Tax is payable on the Turnover of the Person in a State or Union Territory.
Turnover in a State or Union Territory = (Value of Outward Supplies + Zero Rated Outward Supplies + Exempt Outward Supplies)
Tax is payable on the Turnover of the Person in a State or Union Territory.
Turnover in a State or Union Territory = (Value of Outward Supplies + Zero Rated Outward Supplies + Exempt Outward Supplies)
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 03 November 2017
The 1% tax Calculate Your Total Sale bill Value......
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