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Indirect Taxation
should we include non taxable supplies for calculating aggregate turnover for opting composition scheme sir
Answers (8)
Aggregate turnover for Composition supply eligibility includes exempt supply. And S. 2(47) states â??exempt supplyâ?? means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the IGST Act, and includes non-taxable supply;
Thread Starter
SREEABITHA SENTHILKUMARMam but I saw he is not permitted to do in ICAI study material I am so confused
Supplier engaged in export cannot opt for composition scheme.