In composition scheme, i have to pay tax on my sales or on purchases?

If i opt for composition scheme whether i have to pay tax on my sales or on purchases.

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2 Answer(s)

In composition scheme you have to pay on sale value and there is no ITC beneift.

Answered on June 28, 2017.
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In Composition scheme, Tax should be paid on the basis of turnover and Turnover means sale of goods or/and services.

Answered on June 28, 2017.
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Your Answer

Gen GST