Sir,
Whether manufacturer oped composition scheme liable to pay gst on nil rates supply?
please give valuable advice.
thanks
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Whether manufacturer opted composition scheme liable to pay gst on nil rated supply?
Replies (3)
On all supply including nil rated
No............. no need to pay GST on Nil rated supply (Refer Notification 1/2018 CT )
Kindly refer notification 8/2017, 46/2017 and 1/2018 of Central Tax, Manufacturer are required to 'of the turnover' it means all turnover whether taxable or nil rated. However, in case of trader tax payable only on ' taxable supply's
You are Manufacturer hence you have to pay tax on supplies
You are Manufacturer hence you have to pay tax on supplies
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