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Questions and Answers
What is the GST rate for manufacturers of Ice cream, pan masala, and tobacco?
What is the GST rate for manufacturers of Ice cream, pan masala, and tobacco?
- 0.5% of turnover in State/UT (correct)
- 2.5% of turnover in State/UT
- 5% of turnover in State/UT
- 10% of turnover in State/UT
Who is not eligible under Section 10(2) for the composition scheme?
Who is not eligible under Section 10(2) for the composition scheme?
- Supplier of services other than restaurant services
- Person making inter-state supply of goods
- Supplier of goods that are leviable to tax under GST (correct)
- Persons supplying goods through ECO
In which scenario is a registered person not eligible to opt for the composition scheme?
In which scenario is a registered person not eligible to opt for the composition scheme?
- When they have units in multiple states
- When they supply goods through ECO
- When multiple registered persons share the same PAN (correct)
- When they are manufacturers of aerated water
Is there any restriction on composition suppliers receiving inter-state supply of goods or services?
Is there any restriction on composition suppliers receiving inter-state supply of goods or services?
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In the example provided, what was the total turnover of unit A1 and A2 in the last financial year?
In the example provided, what was the total turnover of unit A1 and A2 in the last financial year?
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What is the GST rate for restaurant services according to the provided information?
What is the GST rate for restaurant services according to the provided information?
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