is there any option for builders in composition scheme...?
if yes .. then what is the tax rate
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tax rate for composition
Replies (2)
In terms of Notification 2/2019 CT (r) Yes you can opt for Composition but with few restrictions ie your turnover should not be more the 50lac
Tax Rate 6 % on Turnover without ITC
Note. but Now you cannot opt for the same the last date was 30/4/2019
Tax Rate 6 % on Turnover without ITC
Note. but Now you cannot opt for the same the last date was 30/4/2019
Yes , if you are applying for fresh registered can opt for abobe said scheme
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