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Asked by Prashant on :Jul. 06, 2018

What is the threshold limit to opts for com…

What is the threshold limit to opts for composition scheme?

What is the threshold limit to opts for composition scheme?

0

Jeeba Jul. 10, 2018

If your aggregate turnover during the preceding financial does not exceed 1 crore, you have an option to pay tax under composition scheme.

However, the threshold limit for the certain specified states is 75 lacs ie states like Himachal, Sikkim, Assam and other specified states.

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