https://www.taxtmi.com/acts?id=24240 A person opting for the composition levy must meet eligibility limits: not be a casual or non-resident taxable person; ensure stock on the appointed day was not sourced inter State, imported, or from an out of State branch/agent when applicable; not have unregistered-supplier purchases without reverse-charge tax; and must pay tax on inward supplies as required. Manufacture of notified goods in the prior year disqualifies the person. The taxpayer must label invoices and premises as a composition taxable person and, if compliant, may continue under the composition option without fresh annual intimation. en-us Mon, 03 Apr 2017 13:50:08 +0530 Fri, 19 May 2017 12:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24240 A person opting for the composition levy must meet eligibility limits: not be a casual or non-resident taxable person; ensure stock on the appointed day was not sourced inter State, imported, or from an out of State branch/agent when applicable; not have unregistered-supplier purchases without reverse-charge tax; and must pay tax on inward supplies as required. Manufacture of notified goods in the prior year disqualifies the person. The taxpayer must label invoices and premises as a composition taxable person and, if compliant, may continue under the composition option without fresh annual intimation. Act-Rules Bills Mon, 03 Apr 2017 13:50:08 +0530 https://www.taxtmi.com/acts?id=24240