PARIVESH JAIN asked 5 years ago
Composition scheme tax rate
Composition scheme tax rate – Showing search results for “A trader opted for composition scheme and supplied both taxable and exempt goods whether he has to give 1% on all supplies or only on taxable supplies?
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ConsultEase Administrator
Akhil Goyal answered 5 years ago
Composition Dealer needs to pay Tax on taxable Supplies only.
No Tax is payable on Exempt Supply.
