Composition levy
Chartered Accountant Sivakumar (164 Points)
30 July 2020Chartered Accountant Sivakumar (164 Points)
30 July 2020
Sandeep shetty
(Sr Accountant)
(292 Points)
Replied 30 July 2020
A taxpayer whose turnover is below Rs 1.5 crore can opt for Composition Scheme. In case Special category states, the limit is Rs 75 lakh.
Subjects to conditions and limitation applicable for composition scheme
sabyasachi mukherjee
(27574 Points)
Replied 30 July 2020