Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Composition levy eligibility and obligations under Section 10: ineligible persons, stock sourcing, tax on purchases, billing and signage rules</h1> A person opting for the composition levy must not be a casual or non-resident taxable person; goods in stock on the appointed day must not have been procured via inter-State trade, import, or from an out-of-State branch/agent when option is under the specified sub-rule; goods purchased from unregistered suppliers require tax payment under the relevant provision; the person must pay tax on inward supplies as mandated; must not have manufactured notified goods in the preceding financial year; must state 'composition taxable person, not eligible to collect tax on supplies' on bills and 'composition taxable person' on prominent signboards; annual re-intimation is not required to continue.