What will be tax rate and turnover limit for composition supplier engaged in mixed supply after amendments in the same?
Will the rate of 6% and turnover limit of Rs.50L be applied on aggregate turnover of mixed supplies or on turnover of services only?
Thanks in advance.
it's 1% turnover of services. As per Order 1/2019 Services upto 10 % of preceding FY or 5Lac whichever is Higher can provide.
The scheme of 50lac is not yet applicable.
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