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Composition rate

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21 February 2013 What's the composition Rate under Kvat(Karnataka).What's the Turnover limit under composition scheme
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
21 February 2013 Presently the composition tax rate is 4% under Karnataka VAT. The TO limit is Rs.25lakhs (not applicable to construction WCT).

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