Composition levy exclusion: suppliers of specified actionable claims cannot avail the composition scheme, altering composition eligibility. The notification inserts that, other than the registered person making supply of specified actionable claims as defined in the statute, the composition levy under section 10 shall not apply; this insertion, effective from 1st October, 2023, excludes suppliers of specified actionable claims from composition scheme eligibility.
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 levy exclusion: suppliers of specified actionable claims cannot avail the composition scheme, altering composition eligibility.
The notification inserts that, other than the registered person making supply of specified actionable claims as defined in the statute, the composition levy under section 10 shall not apply; this insertion, effective from 1st October, 2023, excludes suppliers of specified actionable claims from composition scheme eligibility.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
