Turnover taxes slabs

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9 Points Joined April 2017
Is any turnover taxes slabs in GST,
Like eailer it was in excise duty.
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On 15 April 2017 at 15:49 Report
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no not yet decided 

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On 15 April 2017 at 16:33
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9 Points Joined April 2017
Thanks samir
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On 15 April 2017 at 16:37
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Advocate- Tax
7806 Points Joined December 2008

There are no turnover slabs proposed in GST law. Composition scheme can be opted till turnover of Rs. 50 lakhs.

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On 15 April 2017 at 21:36
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PRACTITIONER OF INCOME TAX SALES TAX AN
72 Points Joined April 2017
20 lac for indian and 10 lac for north side and composition 50 lac
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On 15 April 2017 at 23:45
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9 Points Joined April 2017
What is mean composition
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On 16 April 2017 at 10:25
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Finance professional
775 Points Joined June 2015
Composition is similar to presumptive basis
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On 16 April 2017 at 11:13
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9 Points Joined April 2017
@ Nitin @ rajesh Can explain with me an example?
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On 16 April 2017 at 11:35
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PRACTITIONER OF INCOME TAX SALES TAX AN
72 Points Joined April 2017
The Composition Scheme is one such scheme, applicable to all traders in India with a turnover of ₹ 50 lakh.
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On 16 April 2017 at 16:35
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PRACTITIONER OF INCOME TAX SALES TAX AN
72 Points Joined April 2017
like a traders who not want to maintain monthly return or pay monthly then they choose composition return. in which return he filled one return in the whole year
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On 16 April 2017 at 16:37
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9 Points Joined April 2017
Thanks nitin
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On 17 April 2017 at 15:04


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