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Composition taxable person
Sir.any changes to composition tax payers recently? If so, kindly NN and date.
Replies (1)
The Composition Scheme is ideal for small, local businesses with low profit margins or those looking to minimize administrative costs. However, it is not suitable for businesses that need to sell across state lines, sell through online marketplaces, or have high-value B2B customers who require a tax invoice to claim their own Input Tax Credit.
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ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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CCI
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CAclubindia
