Sir,
Ours is a small retail shop. We sell homeappliance, Mobile & TV recharges etc. Our turnover of Home appliances is approximately 20 lakhs per year and Mobile & TV recharges are 30 lakhs approximately. Can we go for composition scheme ? Whether composition scheme is applicable for mobile recharges ?
Dear Netizen,
Composition is not applicable for service providers
However composition limit increase from 50 lakhs to 75 lakhs
9620116162
venkat @ hiregange.com
Gowra Ventures Pvt Ltd
Hyderabad
CA
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Triveni Turbine Limited
Bengaluru
CA
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