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    <title>Application Form for opting Composition as notified exclusively for bullion traders by Government under sub-section (12) of section 16</title>
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    <description>Form BU 01 collects dealer identification, the year of composition, prior and estimated turnover, and requires computation of tax payable on opening stock held when the scheme is to commence. Opening stock is detailed in Part B into Trading Stock (bullion) and Packaging Material with purchase value, fair market value at opening, applicable tax rates and tax payable. Applicants must attach proof of tax deposit and complete a verification declaring exclusive bullion trading and correctness of information.</description>
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      <description>Form BU 01 collects dealer identification, the year of composition, prior and estimated turnover, and requires computation of tax payable on opening stock held when the scheme is to commence. Opening stock is detailed in Part B into Trading Stock (bullion) and Packaging Material with purchase value, fair market value at opening, applicable tax rates and tax payable. Applicants must attach proof of tax deposit and complete a verification declaring exclusive bullion trading and correctness of information.</description>
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