compositions scheme for TRADING OF CIGARETTES
saud ahmed (Student CA IPC / IPCC) (270 Points)
15 July 2019
whether composition schemes is available for trading in cigarette ?
1 Replies
Shivam RC
(Student)
(23683 Points)
Replied 15 July 2019
Yes it's available for Traders.
Traders dealing in trading of Tobacco Products and Substitutes, Pan Masala and Ice cream is eligible to opt for Composition Scheme u/s 10 of the CGST Act 2017.
Manufacturers of the above said products cannot opt for Composition Scheme. It's restricted by Law.
Warm Regards.
Traders dealing in trading of Tobacco Products and Substitutes, Pan Masala and Ice cream is eligible to opt for Composition Scheme u/s 10 of the CGST Act 2017.
Manufacturers of the above said products cannot opt for Composition Scheme. It's restricted by Law.
Warm Regards.
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