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Charge of GST COMPOSITION

In the class, sir said that the dealer or trader under composition scheme is taxed 0.5% cgst on taxable supplies,and not on turnover. would you please provide the notification number which mentioning this change for the better clarity. With loving...


Pranav Connecting...

Pranav Connecting...

CA Inter

4K+

13-Apr-20 19:24

63

Answers (2)

In case of trader it is 0.5 percent of taxable supplies only. Refer Notification no. 1/2018 dated 1.1.2018


Shiva Teja

Shiva Teja

Faculty

13-Apr-20 20:59

Shiva Teja Faculty

In case of trader it is 0.5 percent of taxable supplies only. Refer Notification no. 1/2018 dated 1.1.2018

Thank you very much sir.ð?¥°


Thread Starter

Pranav Connecting...

Pranav Connecting...

CA Inter

4K+

13-Apr-20 21:06

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