Composition scheme
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2014
who can opt for composition scheme of vat in Maharashtra ?
how it is beneficial to them?
how it is beneficial to them?
Amol S Joglekar
(Expert)
05 June 2014
Anyone can opt for the composition scheme. The benefits are required to be worked out on case to case basis and accordingly the decision as to whether or not opt for the composition scheme
MJ Krishnamurthy
(Expert)
06 June 2014
Composition scheme always results in higher payment of tax.But,it is simple and easy to implement. A composition dealer is less subject to scrutiny and harassment by the dept officials.All over India commonly,works contract,hotel,sweetmart,bakery and small business holders are allowed to go for composition scheme......mjk
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