https://www.taxtmi.com/forum/issue?id=106626 Composition scheme under the UP VAT Act provides a simplified single composition rate for eligible small traders within the notified turnover band. For works contractors opting for composition, no separate works-contract rate is prescribed; the composition rate applicable is determined by the nature of goods involved in executing the works contract. en-us Sat, 15 Mar 2014 15:15:07 +0530 Thu, 23 Jan 2025 15:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106626 Composition scheme under the UP VAT Act provides a simplified single composition rate for eligible small traders within the notified turnover band. For works contractors opting for composition, no separate works-contract rate is prescribed; the composition rate applicable is determined by the nature of goods involved in executing the works contract. Discussion-Forum VAT / Sales Tax Sat, 15 Mar 2014 15:15:07 +0530 https://www.taxtmi.com/forum/issue?id=106626