Dear respected sir, My client is seller of Tobacco can he Opt Composition Scheme.
Plz Guide Me.
Menu
TOBBACCO DEALER
Replies (2)
| Originally posted by : RAVINDRA GANGADHAR DEVALE | ||
 |
Dear respected sir, My client is seller of Tobacco can he Opt Composition Scheme.Plz Guide Me. |  |
YES, as there is no restriction in trading of such goods (restriction is for its manufacturers).
Yes your client can opt for Composition Scheme provided his Aggregate Turnover does not exceeds Rs. 1.5 crores. The restriction is only on Manufacturers of Tobacco Products. Not on traders.
Recent Topic
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
Related Topics
CAclubindia
