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(Querist)
10 December 2010 experts,
please explain me what is composition scheem. please give me clear explanatiuon
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Hitender Gaur

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Hitender Gaur (Expert)
10 December 2010 In VAT's Composition Scheme you have to pay a lumsum % of VAT to the department (2.5% or 3% in delhi) on your Gross receipts. No input benifit is allowed to you and you can't purchase material from out of state.
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sajay kumar

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sajay kumar (Querist)
11 December 2010 thank u sooooooooo much for your nice explanation




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