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Concessional rate of tax
I am having a doubt whether composition scheme and concessional rate to pay taxes is same concept or different. please help
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Both are different....GST Composite Registration is where tax is paid yearly on total turnover and on the other hand Definition of Concessional is : An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant.
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