Composition scheme
This query is : Resolved
03 December 2009
Can anyone tell me about composition scheme ?
how tax amt. calculated under the scheme ?
waiting for reply...
how tax amt. calculated under the scheme ?
waiting for reply...
Vishnu Saboo
(Expert)
04 December 2009
Under composite scheme, dealer who opt the scheme has to be paid tax @ prescribed under state vat act on his taxable turn over.
who opted this schem, is not eligible for input credit and he can't show the tax amount in his invoice.
who opted this schem, is not eligible for input credit and he can't show the tax amount in his invoice.
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