https://www.taxtmi.com/circulars?id=54480 Dealers supplying cooked food and related items may opt for a notified composition scheme at an alternate single rate if within the prescribed turnover threshold. Dealers shifting from the earlier composition provision to the new composition provision w.e.f. 1 April 2016 need not pay tax on opening stock held at transition, but cannot claim input tax credit on closing stock as of the prior year end. Applications for the scheme must be filed manually until online filing is ordered. en-us Wed, 27 Apr 2016 00:00:00 +0530 Thu, 28 Apr 2016 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54480 Dealers supplying cooked food and related items may opt for a notified composition scheme at an alternate single rate if within the prescribed turnover threshold. Dealers shifting from the earlier composition provision to the new composition provision w.e.f. 1 April 2016 need not pay tax on opening stock held at transition, but cannot claim input tax credit on closing stock as of the prior year end. Applications for the scheme must be filed manually until online filing is ordered. Circulars VAT - Delhi Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54480