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Composite scheme to printing press

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B.P. SRIDHAR

ADVOCATE AND TAX LAWS CONSULTANT

80 Points Posted on 22 February 2023

please clarify if a person can opt for composite scheme for his printing press to print forms, registers, dairies, printing material etc.

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Quick Summary

This discussion clarifies whether a printing press can opt for the composite scheme for printing materials like forms, registers, and diaries. The answer is yes, provided certain turnover conditions are met. The next step is to determine the turnover for the preceding financial year and the expected turnover for the current year.