https://www.taxtmi.com/acts?id=22624 Where a person who has opted for composition is found ineligible for compounding, section 8(3) prescribes a penalty equal to the tax payable by him as a normal taxable person under the Act, which is in addition to the tax payable. en-us Thu, 22 Sep 2016 18:37:07 +0530 Thu, 22 Sep 2016 18:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22624 Where a person who has opted for composition is found ineligible for compounding, section 8(3) prescribes a penalty equal to the tax payable by him as a normal taxable person under the Act, which is in addition to the tax payable. Act-Rules Bills Thu, 22 Sep 2016 18:37:07 +0530 https://www.taxtmi.com/acts?id=22624