BREECE Question 1: Mr. Mahadev is a registered dealer of Maharashtra and is engaged in trading of Paper having turnover in preceding years of 30 lakhs. He has made following supplies during the year - (i) Intra-State Supply made to unregistered person 30 lakhs. Rate of GST 12% Intra-State Supply made to registered person 310 lakhs. Rate of GST 18% (a) Can he opt for composition Scheme? If Yes, determine his GST liability under section 10 of the CGST Act, 2017. Can he shift the burden of such levy to the buyer? (b) Whether he is eligible to take Input Tax Credit? (c) Can the buyer be allowed to claim Input tax credit? (d) Can he make interstate outward supply while opting composition Scheme? |(e) Can he be allowed to procure goods from outside the State? (1) Is he liable to pay tax under reverse charge u/s. 9(3)? If Yes, at what rate as per normal tax rate or as per composite rate? (g) Is he is allowed to sale his goods through Amazon (e-commerce operator)? (h) If his turnover exceeds 31.5 crores on 31.12.2019. How his liability of GST from Jan to March 2020 shall be discharged? (i) Is he eligible to opt the scheme if he is a trader of Pan Masala instead of Paper? GOOD