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composition scheme
purchasing all interstate but sales is only local could my firm fall in this scheme
Replies (5)
its depends on your annual turnover of previous financial year which should not exceed 75 lakh rupees for opting composition scheme
if you turnover is within limits, then you can opt for Composition levy. sec 10 is silent on interstate purchases
if you turnover is within limits, then you can opt for Composition levy. sec 10 is silent on interstate purchases
PURCHASE GOODS INVOICE FROM COMPOSITE DEALER , WHERE THERE IS NO TAX
DO I NEED TO RAISE TAX INVOICE AS WE HAVE TO DO FOR UNREGISTED
If your tax rate is 3% or 5% you shouldn't go for composition scheme it will cost you
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