Composition scheme
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 April 2012
sir,is it correct that a dealer opting for comp. scheme must pay vat at comp rate also in case of exempt sale ?
20 April 2012
For exempted goods no composite scheme is required as the goods are exempted. Basically it is applicable to contractors where the services and goods are not charged separately
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