State with reasons whether the following suppliers are eligible to avail composition levy when their turnover in the preceding financial year does not exceed ₹1.5 crore: Joint Products, whose registered office is located
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2021
State with reasons whether the following suppliers are eligible to avail composition levy when their turnover in the preceding financial year does not exceed ₹1.5 crore: Joint Products, whose registered office is located in Chennai and supplies goods to dealers in Andhra Pradesh and Pondicherry.
Answer & Explanation:
Joint Products shall not be eligible for composition scheme because it is engaged in inter-state outward supplies of goods i.e. from Tamil Nadu to Andhra Pradesh and Pondicherry.
Topics: Central Goods and Services Tax Act, 2017 (CGST)
Related Questions in this Topic
- The Public Works Department of Tamil Nadu makes a net payment of ₹3,70,000 to a supplier of cement in Andhra Pradesh on ...
- The Public Works Department of Tamil Nadu makes a net payment of ₹3,70,000 to a supplier of cement in Andhra Pradesh on ...
- The Public Works Department of Tamil Nadu makes a net payment of ₹3,70,000 to a supplier of cement in Andhra Pradesh on ...
- The Public Works Department of Tamil Nadu makes a net payment of ₹3,70,000 to a supplier of cement in Andhra Pradesh on ...
- What is E-invoicing and who are mandatorily required to upload such E-invoices.