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All QuestionsCategory: GST CompliancesComposition scheme tax rate
PARIVESH JAIN asked 6 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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2 Answers
ConsultEase Administrator answered 6 years ago

Only on taxable supply.

Akhil Goyal answered 6 years ago

Composition Dealer needs to pay Tax on taxable Supplies only.
No Tax is payable on Exempt Supply.