Composition scheme threshold determines which small registered persons pay State tax at time of outward supply and file prescribed returns. Notification designates registered persons whose aggregate turnover is within the small dealer threshold or likely so in the year of registration and who have not opted for composition levy as liable to pay State tax on outward supplies at the time of supply under clause (a) of sub section (2) of section 12, including situations under section 14, and requires them to furnish details and returns under Chapter IX and follow the payment periods prescribed in the Act.
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Provisions expressly mentioned in the judgment/order text.
Composition scheme threshold determines which small registered persons pay State tax at time of outward supply and file prescribed returns.
Notification designates registered persons whose aggregate turnover is within the small dealer threshold or likely so in the year of registration and who have not opted for composition levy as liable to pay State tax on outward supplies at the time of supply under clause (a) of sub section (2) of section 12, including situations under section 14, and requires them to furnish details and returns under Chapter IX and follow the payment periods prescribed in the Act.
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