Composition Scheme - An Overview

Aarti Maurya , Last updated: 22 February 2022  
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The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to prescribed limit. Small taxpayers with an aggregate turnover in a preceding financial year up to Rs. 1.5 crore shall be eligible for composition levy. However, Threshold limit is Rs.

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Aarti Maurya
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Category GST   Report

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