Answers On Topic: GST COMPOSITION SCHEME
Sir, A registered composite scheme composite returns cmp-05 returns filed up to 31-3-24 and cmp-05 returns non filed from 01-04-24 to 31-12-24 period notice details mentioned below issued state gst officer. 01-04-24 to 30-06-24 sales turnover rs:10 lacs tax rs:10,000/- 01-07-2024 to 30-09-24 sales turnover rs:10 lacs tax rs:10,000/- 01-10-24 to 31-12-24 sales turnover rs:10 lacs tax rs:10,000/- Dealer f.y.23-24 composite returns cmp-05 filed period highest turnover rs:10 lacs show period october-23 to december-23 . Question: Dealer gst returns non filed period from 01-04-24 to 31-12-24 sales turnover show actually sales turnover or department mentioned sales turnover show in composite…
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A Doctor sales of medicines turnover estimated rs:80 lacs yearly but consultation income rs:50 lacs yearly Question; A Doctor gst registered required compulsory and benefits of regular or composition scheme for gst purpose
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Sir, This issue is relating to GST Act, the query is as follows. The dealer is registered under GST Act, and initially was registered as Regular assesses, after a period of 3 to 4 months the dealer switch over to composition scheme in 17/18, the dealer was using a software named Busy software, while programming the developer had in inadvertently had programmed as regular registered dealer and made a bifurcation of sale consideration as BASIC + CGST + SGST , but in fact the Dealer was into composition scheme, The dealer was filling CMP 04 every Qtr reflecting the sale…
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whether a pan masala and tobacco trader who assemble pan on its own then does it amounts to manufacturing of pan masala or it is amounts to trading of pan masala
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I AM A REGISTERED DEALER IN COMPOSITION SCHEME. I HAVE FISH SALE- 5000000/- AND MECHINERY PARTS SALE-5000000/- FISH SALE-HSN 0302 IS NIL RATED/EXEMPTED. DEPARTMENT IMPOSED 1% TAX ON TOTAL TURNOVER 10000000/- AM I LIABLE TO PAY TAX ON TOTAL TURNOVER?
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MY CLIENT IS REGISTERED UNDER THE COMPOSITION SCHEME AND SELLING GOODS HAVING A TOTAL TURNOVER OF RS. 18 LAC IN THE CURRENT FINANCIAL YEAR AND PAYING TAX AT THE OF 1%. I HAVE PROVIDED SERVICES OF RS. 100000.00 WHAT RATE OF TAX WILL BE APPLICABLE AND UNDER SUCH SECTION AND NOTIFICATION PLEASE REPLY.
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Wrong / Non Reporting of Composition Turnover