TaxTMI 
TaxTMI 
whether composition dealer is required to pay tax on sale of exempted goods along with taxable goods @ 1% kindly inform
sale of exempt goods liable to tax for composition dealer
17 Apr 2018 
5 Replies 
1525 Views Asked by
Composition scheme turnover includes exempt supplies, affecting tax liability on mixed supplies under GST regime.
The forum presents two operative positions: one that the composition scheme liability is computed on aggregate turnover, which includes exempt supplies so composition tax must be paid inclusive of exempt supplies on mixed bills; and a contrasting view that, following an amendment to the composition rules, the composition levy should be computed on the turnover of taxable supplies only. (AI Summary)
The forum presents two operative positions: one that the composition scheme liability is computed on aggregate turnover, which includes exempt supplies so composition tax must be paid inclusive of exempt supplies on mixed bills; and a contrasting view that, following an amendment to the composition rules, the composition levy should be computed on the turnover of taxable supplies only. (AI Summary)