Composition

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72 Points Posted on 17 September 2020
kachhe bill ke purchase ko pakke me sale dikha sakte hai. composition me
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On 17 September 2020 at 19:10 Report
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This discussion addresses whether businesses operating under the Composition Scheme can record their raw material purchases as sales. While legally permissible with proper compliance, the rationale behind such a move is questioned. The core benefit of the scheme is highlighted: dealers only pay tax on their quarterly turnover.

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Tax and Business Consultant
11616 Points Posted on 17 September 2020
You can do that in right way... regarding taking into consideration all law and all Compliance.
but why you want to do this?
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On 17 September 2020 at 19:15
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Student
23693 Points Posted on 17 September 2020
Yes you can do that. No worry. Composition Scheme dealers are required to pay tax only on their quarterly turnover.
1 Reply
On 17 September 2020 at 22:20

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