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THRESHOLD LIMIT OF TAXABLE TURNOVER

Riddhi Lathiya (student) (95 Points)

16 September 2018

What is the applicable threshold limit of taxpayer under composition levy and regular scheme for upcoming NOV exam?

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3 Replies

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 16 September 2018

20L and 1 crore and further you can check from RTP

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Shivam RC (Student) (23683 Points)
Replied 17 September 2018

Yes...

Composition Scheme : Rs. 1 Crore ( Rs. 75 lakhs in case of Special Category States except Jammu and Kashmir and Uttarakhand )

Regular Taxpayer : Rs. 20 lakhs ( Rs. 10 lakhs in case of Special Category States )

Riddhi Lathiya (student) (95 Points)
Replied 18 September 2018

Thanks to both of you

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