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composite scheme
what is rate of percentage for interstate purchase under composite scheme in Gst
Replies (7)
The rate of Tax and it's percentage are based on the product....
if tax rate is 28% means.... no input available under composite scheme? so tax value added to product cost?
if tax rate is 28% means.... no input available under composite scheme? so tax value added to product cost?
if tax rate is 28% means.... no input available under composite scheme? so tax value added to product cost?
I think composite dealer doing this way. Bcoz, He didn't go to loss for his business....
he not authorized to collect that tax also means this scheme no use right?
Yes Yes Yes...
He can't collect the tax and also he add goods value is higher rate than regular dealer...
So, He gone downward his business.
So,
My advise to can't optout composition scheme to anyone....
He can't collect the tax and also he add goods value is higher rate than regular dealer...
So, He gone downward his business.
So,
My advise to can't optout composition scheme to anyone....
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