GST Composition tax on entire turnover : ICAI raised Issue

By | October 6, 2017
(Last Updated On: October 6, 2017)

Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee

Law Related Issues

27. Composition tax on entire turnover

section 10 of CGST Act 2017 provides that, a registered person, whose aggregate turnover
in the preceding financial year did not exceed Rs.75 lacs / Rs.50 Lacs rupees, may opt to
pay @ 0.5%/1%/2% of the turnover, in lieu of the tax payable by him, an amount
calculated at such rate as may be prescribed, but not exceeding, ––


section 10 provides tax rates as a % of turnover i.e. on opting for composition levy an
assessee becomes liable to tax on the entire turnover including exempted or nil rated supply
of goods

It is suggested that appropriate amendment be made to provide relief to composition dealer
on exempted supply or nil rated supply of goods as it is against the principal of taxability
as well as creating inequality with the normal dealer.


Read Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email :

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