https://www.taxtmi.com/circulars?id=54565 Dealers in restaurant and halwai businesses eligible for the new composition regime must withdraw the earlier composition option or file to opt into the new composition scheme within the prescribed period; those continuing under the obsolete composition rate are liable to assessment as non composition taxpayers at standard tax rates and to penalties, and tax officials are directed to detect non compliance and initiate recovery and penalty proceedings. en-us Mon, 30 May 2016 00:00:00 +0530 Tue, 31 May 2016 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54565 Dealers in restaurant and halwai businesses eligible for the new composition regime must withdraw the earlier composition option or file to opt into the new composition scheme within the prescribed period; those continuing under the obsolete composition rate are liable to assessment as non composition taxpayers at standard tax rates and to penalties, and tax officials are directed to detect non compliance and initiate recovery and penalty proceedings. Circulars VAT - Delhi Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54565