Composition scheme


This query is : Open 

22 July 2017 If I am a composition dealer whether I can do trading (no manufacturing )of tobacco products?

Sumeet (Expert)
22 July 2017 As notified by Central Government, a manufacturer of tobacco products cannot opt for composition scheme, however there is no such restrictions on trader. Hence you can do trading of tobacco products and still opt for composition if turnover doesn't exceed 75 lakhs.


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