GST rate of .5% in composition scheme for trader is on taxable goods or on both taxable as well as non taxable?
Menu
What is the definition of Turnover in Composition Scheme?
Replies (6)
On Taxable goods only gst would apply
what is included in calculation of TURNOVER for GST composition
annual turnover should be below 50lakhs
Sankar 50 lakh limit has been revised to 75 lkh as on 11.06.17
All supplies included . Exclude non taxable supplies only
from 50 to 75 is recommended its not notified yet
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
