Home Forums GST Queries Turnover to be considered while paying tax under Composition Scheme

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      taxgrid
      Keymaster

      Question 1 – I am a manufacturer/restaurant business and paying Tax under composition scheme? Which turnover should I consider Aggregate turnover or taxable turnover

      Answer – Aggregate turnover including exempt supplies

      Question 2 – I am a retailer, others and paying Tax under composition scheme? Which turnover should I consider Aggregate turnover or taxable turnover

      Answer – Taxable turnover

      (By CA Nihalchand Jain)- Refer his video in relation to same. https://youtu.be/OOLUeLJtu2Y

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