Composition Scheme (Section 16)
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....s specified in section 4 may elect to pay tax under section 16 only from the beginning of the following year by making an application in DVAT-01 within 30 days from the first day of the beginning of the following year. 1[***] 2[(3) A person who is eligible under sub-section (3) of section 16 and elects to pay tax under sub-section (1) of section 16 shall, on or before 25th July of the year of ....
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....(337)/2005-Fin.(A/Cs)/1836, Dated 08.07.2005. w.e.f 08.07.2005., Earlier Inserted vide Notification No. No.F.101(337)/2005-Fin.(A/Cs)(ii)/1477, dated 22.06.2005, before it was read as:-"PROVIDED that in respect of the financial year 2005-06, the period for making such application shall be ninety days from the first day of the beginning of the following year.", 2. Substituted vide Notification No.....