Composition tax change for restaurant/halwai dealers requires opting into new scheme or withdrawal; non compliance triggers tax and penalty. Dealers in restaurant and halwai businesses eligible for the new composition regime must withdraw the earlier composition option or file to opt into the new composition scheme within the prescribed period; those continuing under the obsolete composition rate are liable to assessment as non composition taxpayers at standard tax rates and to penalties, and tax officials are directed to detect non compliance and initiate recovery and penalty proceedings.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Composition tax change for restaurant/halwai dealers requires opting into new scheme or withdrawal; non compliance triggers tax and penalty.
Dealers in restaurant and halwai businesses eligible for the new composition regime must withdraw the earlier composition option or file to opt into the new composition scheme within the prescribed period; those continuing under the obsolete composition rate are liable to assessment as non composition taxpayers at standard tax rates and to penalties, and tax officials are directed to detect non compliance and initiate recovery and penalty proceedings.
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