Composition Levy

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110 Points Joined July 2017
"He should not possess stocks procured outside the country or interstate or from an unregistered supplier on the date of opting of composition levy scheme"

Is the above statement correct?
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On 27 January 2018 at 22:33 Report
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28 Points Joined August 2017
on and after
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On 27 January 2018 at 22:41
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110 Points Joined July 2017
so..if I want to opt composition levy tmrw,
I want to clear the stocks procured from inter state suppliers?
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On 27 January 2018 at 23:07
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28 Points Joined August 2017
yes u have to
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On 28 January 2018 at 12:52
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8 Points Joined August 2017
but compostion levy every year opt because automatic normal taxpayer
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On 28 January 2018 at 14:47


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