Budget updates move fast, keep up with CAclubindia Pro. Subscribe today!

Need clarification

171 views 2 replies

Vageesh Tavarad

Accountant

140 Points Joined May 2017

We use to sell Computer accessories along with the Sale of Self developed customised software applications ..Is my proprietorship firm eligible to opt for composotion scheme?

Replies (2)

If u are supplying software applications in form CD, then both of ur products would fall under goods and u being a trader, you are eligible to opt for composition scheme....subject to conditions mentioned under composition scheme