Composition Scheme

What is the threshold limit for the eligibility of Composition Scheme??
Replies (5)
Originally posted by : Nikhil Upadhyay
What is the threshold limit for the eligibility of Composition Scheme??

Threshold limit to opt for composition scheme: Rs. 75 Lakhs in a financial year
 

Is it not 1.5 crore? Please confirm.
Originally posted by : Arunachalam
Is it not 1.5 crore? Please confirm.

Agree With You

In 23rd Council meeting

Increase in the threshold to Rs 1.5 Crores 
 

 

Sir..but is it notified or just discussed in meeting
I also think it is not notified........

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