composition

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one of my dealer had book stock.but at the end of June no refund in vat returns. can he pay tax on book stock for opting composition scheme
Replies (3)
@ Mr.Shiraj........
firstly if ur friend has physical stock, if opted for composition.....he has to pay @ 1% as trader......
no physical stock only book stock their in balance sheet sir
He can opt

Composition scheme opened again for dealers today. You can now opt for it.


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