Composition sales turn over limit

Vinod Babu (24191 Points)

20 May 2018

Sir what is the sales turn over limit for composition dealer.

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Srinivas Pyata (543 Points)
Replied 20 May 2018

Up to 1cr
75lakhs in special category states
if limit exceeds then you have to pay under normal scheme

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Vinod Babu (24191 Points)
Replied 20 May 2018

Thank you sir for your valuable answer.

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CA S Praveen Kumar Reddy (Chartered Accountant) (2195 Points)
Replied 20 May 2018

1.5crore and 75laks for special states see section 10 and new circular

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Vinod Babu (24191 Points)
Replied 20 May 2018

Thank you sir for your valuable updated answer.

sunita (partner) (124 Points)
Replied 20 May 2018

pls send me the circular regarding 1.5 cr. I think it was proposed to be 1.5 cr but after that no circular issued

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