Solved Queries
Q.125 1. A dealer new composite scheme registered voluntary in gst act.dealer each quarter minimum turnover and tax compulsory prescribed in gst act.
Ans. Under GST law, turnover limit in preceding FY to opt for composition levy for goods
- For special category states except Assam, Himachal Pradesh and J&K- INR 75 Lakh
- For remaining states- INR 1.5 crore
Turnover limit in preceding FY to opt for composition levy for services- INR 50 lakh in preceding financial year.
| Composition scheme | Category of registered persons | Rate |
| For Goods | Manufacturer | 1% (0.5% CGST +0.5%SGST) of turnover |
| Restaurant Services | 5% (2.5% CGST + 2.5% SGST) of turnover | |
| Other | 1% (0.5% CGST + 0.5% SGST) of turnover of taxable supplies | |
| For services | 6% (3% CGST + 3% SGST) |
Q. 124 A partnership firm providing educational services up to higher secondary is exempt from gst . Now they want to provide food to students and staff of their school and surrounding schools on payment basis. They receive food from a canteen situated in their premises for which the canteen will rise a gst invoice in the name of partnership organization for supply of food. Now the partnership organization keeping a margin raise bill on students and staff. whether gst provisions are applicable to the partnership organisation ?
Ans. In respect of exemption notification no. 12/2017- CT (R ) catering including any mid-day meals scheme sponsored by the central government, state government or union territory are exempt, else GST would be levied.
Q. 123 Is refund can be rejected on technical grounds ?
Ans. Refund is a substantial right and it cannot be denied on technical grounds.
