CONSULTEASE.COM

Sign In

Browse By

All QuestionsCategory: GST CompliancesComposite scheme return CMP-08
Profile photo of Kollipara sundaraiahKollipara sundaraiah asked 11 months ago

Composite scheme return CMP-08

One of GST registered composite scheme dealer turnover 35 lacs in the 2018-2019 year. government increase threshold limit 40 lacs w.e.f. 01.04.2019.if a dealer filed composite return CMP-08 and tax payable or exempted for April to June 2019 quarters.

Answer the question
5 Answers
Profile photo of Consultease AdministratorConsultease Administrator answered 11 months ago

The government increased the threshold for taking registration and not for taxability. You are still liable to pay tax. If you were unregistered, you could have used this limit to hold liability to take registration. Please take care that you are liable to pay tax once you are registred.

Profile photo of Consultease AdministratorConsultease Administrator answered 11 months ago

The government increased the threshold for taking registration and not for taxability. You are still liable to pay tax. If you were unregistered, you could have used this limit to hold liability to take registration. Please take care that you are liable to pay tax once you are registered.

Profile photo of Consultease AdministratorConsultease Administrator answered 11 months ago

The government increased the threshold for taking registration and not for taxability. You are still liable to pay tax. If you were unregistered, you could have used this limit to hold liability to take registration. Please take care that you are liable to pay tax once you are registered.

Profile photo of Consultease AdministratorConsultease Administrator answered 11 months ago

The government increased the threshold for taking registration and not for taxability. You are still liable to pay tax. If you were unregistered, you could have used this limit to hold liability to take registration. Please take care that you are liable to pay tax once you are registered.

Profile photo of Consultease AdministratorConsultease Administrator answered 11 months ago

The government increased the threshold for taking registration and not for taxability. You are still liable to pay tax. If you were unregistered, you could have used this limit to hold liability to take registration. Please take care that you are liable to pay tax once you are registered.