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    <description>Composition tax for registered developers permits payment of a composition amount on agreement or stamp duty value in lieu of normal VAT, requires timely monthly payment subject to penalties, disallows input tax credit and tax invoices, imposes tax on goods sourced from outside the State, and prohibits the developer from collecting tax as a separate amount from the buyer.</description>
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      <description>Composition tax for registered developers permits payment of a composition amount on agreement or stamp duty value in lieu of normal VAT, requires timely monthly payment subject to penalties, disallows input tax credit and tax invoices, imposes tax on goods sourced from outside the State, and prohibits the developer from collecting tax as a separate amount from the buyer.</description>
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      <law>VAT / Sales Tax</law>
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