Hi,
Company aggregate turnover less then 1.5cr.
Financial year 2018-19 we filled monthly returns.
If we change monthly to quarterly Current financial year we can claim ITC ?
or Treating me as composisson delar?
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Quarterly submission
Replies (3)
Dear P C Rama Raju,
You can claim credit if you go for monthly mode but it's not possible in composition scheme.
Regards,
Naveen Singh
9716822331
Hi,
You need to understand that opting for quarterly return and composition levy are two different options available with the tax payer
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
You need to understand that opting for quarterly return and composition levy are two different options available with the tax payer
For further assistance kindly reach out to us
HAPPY TO HELP
MOHIT JAGNANI
8820448170
Yes, the trend of quarterly payments is good because it states that you have to pay all financial bills related to government four times a year. This https://essayreviewexpert.com/review/edubirdie/ article can also help this company in making a good turnover. I hope if my suggestion/comment will help you in any way and I feel it privilege.
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