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Composition scheme

Indirect Taxation

A person can provide other services other than restaurant services not exceeding 10% of turnover or Rs. 5 lakhs whichever is higher. Whether that 10% has to be calculated on aggregate turnover of a person on all India basis under the same PAN or on a turnover of each State/UT?


Nivedha Balaji

Nivedha Balaji

CA Inter

9K+

25-May-20 20:58

371

Answers (5)

The said rate of 10%has to be calculated on turnover of state or union territory in the preceding Financial year


lakshmi kollipara

lakshmi kollipara

CA Inter

1K+

25-May-20 22:24

KEERTHI PRIYA

Yes.

Whether I have to calculate that limit separately for every state ?


Thread Starter

Nivedha Balaji

Nivedha Balaji

CA Inter

9K+

26-May-20 10:19

Thank you


Thread Starter

Nivedha Balaji

Nivedha Balaji

CA Inter

9K+

26-May-20 10:37

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