Composition scheme query

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39 Points Posted on 27 March 2021
my client business engaged in trading of panmasala and tobbaco product. can I opt for composition scheme?
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On 27 March 2021 at 16:07 Report
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Quick Summary
This discussion clarifies whether businesses trading in pan masala and tobacco products can opt for the composition scheme. The consensus is that traders are eligible, as restrictions only apply to manufacturers of these specific items. Therefore, if your client is a trader and not a manufacturer, they can proceed with the composition scheme.

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298 Points Posted on 27 March 2021
Hi sir too mind u can eligible for composition scheme otherwise if u are manufacture of pan masala, tobacco, ice cream not eligible
there are no such restrictions on traders
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On 27 March 2021 at 21:06
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Chartered Accountant
86505 Points Posted on 27 March 2021

Yes, you can.

There is only restriction on manufacturer of panmasala and tobacco products not on traders.

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On 27 March 2021 at 21:30
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Profession Business
28246 Points Posted on 28 March 2021
Me hull send me details at sabyasachimukherjee7098 @ gmail.com
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On 28 March 2021 at 07:26
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39 Points Posted on 28 March 2021
Thank you very much all of you for your suggestions
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On 28 March 2021 at 09:08
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17269 Points Posted on 28 March 2021
For traders, no issues. yes, you can opt
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On 28 March 2021 at 09:37

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