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Composition scheme

Indirect Taxation

When u cant make inter state supplies. Why is inter state suplies of goods & services included in calculation of aggregate turnover sir.. Or here oly inter state supplies mnz inward supplies.

Shruthi V

CA Inter

★ 0

22-Sep-20 13:42

345

Answers (3)

Composition registered person cannot engage in inter state outward supply of â??GOODSâ??

Shiva Teja

Faculty

22-Sep-20 14:00

So in calculation of aggregate turnover under inter state supplies we include inter state supply of services and inward supply of goods right sir?

Thread Starter

Shruthi V

CA Inter

★ 0

22-Sep-20 14:02

Thread Starter

Shruthi V

So in calculation of aggregate turnover under inter state supplies we include inter state supply of services and inward supply of goods right sir?

For calculation of aggregate turnover, generally we include everything. But in case of composition registered person he cannot engage in inter state outward supply of goods. Trust this clarifies !

Shiva Teja

Faculty

22-Sep-20 14:15