How to Calculate GST in Composition Scheme

Last updated at July 31, 2026 by

How to Calculate GST in Composition Scheme.jpg

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Questions

 

Q1 Can we have GST Credit in case of Composition Scheme

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Transcript

Example 1: Sales 100000 Purchase 60000 What is GST Payable How to Calculate GST in Composition Scheme Particulars Amount CGST S GST Total Output Input GST Payable 100000 500 500 60000 500 500 1000 Note : No input available for Composition Scheme. Example 2: Sales 100000 Purchase 110000 What is GST Payable /Credit Particulars Amount CGST S GST Total Output Input GST Payable 100000 500 500 110000 500 500 1000 Note : Even if Purchase more than Sales,No Credit in case of Composition Scheme . OR GST Credit Example 3: Sales 100000 (Including Purchase 80000 (5% GST What is GST Payable / Credit Particulars Amount CGST S GST Total Output Input GST Payable 100000 500 500 80000 500 500 1000 Note : In composition scheme Sales is always including GST. OR GST Credit Example 4: Composition Dealer has No Record of Sales Purchase 60000 (5% GST Client wants to pay 1000 Tax What is GST Payable /Credit Particulars Amount CGST S GST Total Output Input GST Payable 100000 500 500 60000 500 500 1000 OR GST Credit Tax Sales = 1000 =1000/1% = 100000 It is better we should show approx 100000 not Exact 100000

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

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