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composition concept

Others 158 views 1 replies
as composition can file oly sales turnover on one percent and Q1, Q2&Q3 not applicable section 4A, 4A means composition dealers need to show purchase amt & Q3 some acts will be changes under composition scheme like manufactur, trader oly they have pay one percent this scheme not applicable for pan masala, ice creme
Replies (1)
first q2 (july - sep) ...q3 (oct-dec) not need to show sale/ purchase other than RCM only apolicable for 2 quater

q4 ( jan - mar) we have to wait for circulare thay which info we have to fill in q4

yes from jan quater manufecturer on total sale 1%
traders only taxable goods 1% can pay


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