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Composition special cases
Sir, if a person is engaged in manufacturing activity and along with that he is providing another service of interior designing and turnover is less than 10% of aggregate turnover. Now for interior designing service at what rate he is liable to pay tax??
Answers (12)
0.5+0.5 which is treated same as a manufacturing activity
Service provider is liable to be taxed at 3% +3% ?
Service provider is liable to be taxed at 3% +3% ?
That's only in case where service is provided and turnover doesn't exceed 50 lakhs na?
That's only in case where service is provided and turnover doesn't exceed 50 lakhs na?
In the above case, aggregate turnover of services be maximum upto 15 lakhs for opting composition scheme.also it meant for small service providers.
Sir it means that they hadn't specify the rate??
No specific rate is given for that 10 percent of services so it should be composition rate only