Composition scheme eligibility clarified: interest or discount on deposits and loans excluded when computing turnover for composition. The value of supplies of exempt services by way of extending deposits, loans or advances, where consideration is represented by interest or discount, shall not be taken into account for determining eligibility for the composition scheme and shall be excluded when computing aggregate turnover for that purpose.
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Composition scheme eligibility clarified: interest or discount on deposits and loans excluded when computing turnover for composition.
The value of supplies of exempt services by way of extending deposits, loans or advances, where consideration is represented by interest or discount, shall not be taken into account for determining eligibility for the composition scheme and shall be excluded when computing aggregate turnover for that purpose.
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