Composition scheme: taxable person cannot opt for only one business vertical; it applies to all registrations under same PAN. Composition scheme eligibility cannot be limited to a single business vertical; where multiple registrations or verticals are held under the same PAN, the ... Summary
Composition scheme: taxable person cannot opt for only one business vertical; it applies to all registrations under same PAN.
Composition scheme eligibility cannot be limited to a single business vertical; where multiple registrations or verticals are held under the same PAN, the composition scheme applies to all such registrations and selective election for only one vertical is not permitted.
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