Composition tax for site formation & clearance

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Dear friends,

 

kindly let me no wheather  I can opt for composition at 4.12% on site formation and clearance. As it is I am under compostion for works contract jobs and paying tax at 4.12%. The site formation job is new one which I have taken recently , can I go for composition in site formation case also, any one can  kindly clarify it .

I also want to know whether i can have both options i.e. composition scheme for one wct and regular scheme  at 10.3% for another service I render in one year, is it possible.

 

Replies (1)

Site formation service does not qualify for composition. Answer to second question is yes.


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