COMPOSITE DEALER, Goods and Services Tax - GST

[SURYAKANT MITHBAVKAR]

Under Composite Dealer The rate applicable to the supplies (i.e. Manufacturer supply & Traders Supply) is the rate at which GST has to be paid.

Posts / Replies

[Himansu Sekhar]

What is the query?

[SHIVKUMAR SHARMA]

You have to Pay GST 1%(CGST 0.5% & SGST 0.5%) to the govt. .But You can not charged the same in the Invoice from the Customer.

[DR.MARIAPPAN GOVINDARAJAN]

What Shri Sivakumar told is correct.

[Arunachalam siva]

Also you cann't avail ITC.

[Ganeshan Kalyani]

Composition dealer has to pay tax on the turnover. He cannot charge tax from the customer.