A person dealing a jewellery shop composite sceheme (1% tax rate) registered in gst act.
Sales turnover up to october,19- Rs.25 lacs
Same person two other incomes earned
1.income from labour charges( majuries and repairs works)Rs.75000 /-up to till date
2.income from interest(money lending business)Rs. 1 lacs
1.above two incomes gst tax applicable or exempted and which rate of tax applicable.
2.a trader purchase of gold from customers(URD persons) RCM applicable from 01.10.2019.