Karnataka Composition Tax

Dear All

1) Can anybody have detailed explanation / Notes of Composition Tax

2) Is Electrical Contractor comes under Compsotion VAT & how to calculcate the sam

Srini

Replies (2)

 You can opt for composition scheme as a contractor. Currently you have to pay 4% tax on the total consideration recieved from the customer/contractee.

Can any body tell the composite rate of tax in karnataka for photo frames.

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