Non-compounded dealer

Every taxable person registered under GST, except those who opted for composition scheme, is a non-compounded dealer (normal dealer). Higher tax rates of 5%, 12%, 18% and 28% shall be applicable for normal dealers. If the aggregate turnover of the non-compounded dealer is less than Rs.75 lakhs, s/he can opt for composition levy scheme.

Normal dealers have the right to avail the tax credit during the closing stock of inputs like raw materials, semi-furnished goods and finished goods.