A person availing composition scheme during a financial year crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) during the course of the year i.e. say he crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) in December? Will he be allowed to pay tax under composition scheme for the remainder of the year i.e. till 31st March? https://www.taxtmi.com/tmi_notes?id=284 A person availing composition scheme during a financial year crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) during the course of the year i.e. say he crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) in December? Will he be allowed to pay tax under composition scheme for the remainder of the year i.e. till 31st March? en-us Sun, 23 Jul 2017 12:28:00 +0530 Mon, 24 Jul 2017 20:08:00 +0530 TaxTMI RSS Generator A person availing composition scheme during a financial year crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) during the course of the year i.e. say he crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) in December? Will he be allowed to pay tax under composition scheme for the remainder of the year i.e. till 31st March? https://www.taxtmi.com/tmi_notes?id=284 A person availing composition scheme during a financial year crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) during the course of the year i.e. say he crosses the turnover of 75 Lakhs ( 50 lakhs in hil areas) in December? Will he be allowed to pay tax under composition scheme for the remainder of the year i.e. till 31st March? Notes GST Sun, 23 Jul 2017 12:28:00 +0530 https://www.taxtmi.com/tmi_notes?id=284