Business Closure Doesn't Allow Opt-Out from Chosen Tax Scheme; Withdrawal Requires Statutory Compliance. https://www.taxtmi.com/highlights?id=17861 Opting out of scheme of compound levy / composite method of taxation on ground of closure of business - scheme once opted can be withdrawn only within the framework of statutory provisions - SC en-us Wed, 26 Mar 2014 16:05:33 +0530 Wed, 26 Mar 2014 16:05:33 +0530 TaxTMI RSS Generator Business Closure Doesn't Allow Opt-Out from Chosen Tax Scheme; Withdrawal Requires Statutory Compliance. https://www.taxtmi.com/highlights?id=17861 Opting out of scheme of compound levy / composite method of taxation on ground of closure of business - scheme once opted can be withdrawn only within the framework of statutory provisions - SC Highlights VAT and Sales Tax Wed, 26 Mar 2014 16:05:33 +0530 https://www.taxtmi.com/highlights?id=17861