Tax applicable rate inter-state transaction for composite scheme dealer
A registered composite scheme dealer sales transactions two types
- Outward suppliers for intra -state transaction value e-way biils year 2019-20 Rs. 12 lacs tax payment 1 percentage
- Outward supply for inter-state transaction value e-way biils Rs. 3 lacs year 2019-20 tax payment 1 percentage.
If gst department notice issued sec 10(2) outward supply transaction not eligible for inter-state transaction
Tax applicable on Rs. 12 lacs + Rs. 3 lacs total Rs. 15 lacs turnover tax payment 5 percentage calculation 1 percentage tax payment already remaining balance 4 percentage tax payable in notice mentioned.
Doubt:
Tax pay on remaining balance tax inter-state and intra -state both applicable or inter-state only applicable.
The composition scheme is available only for dealers doing intra-state supplies. If a dealer is involved in inter-state supplies, then they have to opt out of the scheme.
Hence, you have to pay applicable tax on entire value not only inter state value.
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