Who collects tax?

Every registered supplier of taxable goods and services can collect tax, except those who have registered under the composition scheme. The collection of tax is done at the time of supply of Goods. The taxable person must prominently indicate the GST amount on tax invoices. GST is charged on the value or selling price of the products at the prescribed rate of tax.

Taxable person under composition scheme is restricted from collecting tax. Every registered taxable person, except composition dealers and those who have registered under TDC system, is conferred with power to collect tax under GST.

 



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