Jewellery business eligible for composition scheme @ 1% (intrastate) or should I register for regular @ 3%. Cilent is willing to bear extra 1% burden and turnover is less than 75 lakhs.
All are saying difference in opinion .
Please solve my query.
Thank you.
Making charges with sale of jewellery are taxable @ 1% ? and making charges is consider as supply of service should I consider in limit 10% of turnover in preceding financial year or 5 lakhs which ever is higher as per 10(2) ?
CAclubindia
