New Composition Scheme for Restaurants and Halwais

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....position Scheme for Restaurants and Halwais  A new Composition Scheme under section 16(12) of the DVAT Act was recently introduced vide notification No. F.3(29)/Fin.(Rev-l)/2015-16/dsvi/93 dated 18/03/2016, wherein the registered dealers whose annual turnover is upto Rs. 50 Lakh and who make sales of cooked food, snacks, sweets,  savouries, juices,  aerated  drinks,  te....

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....2016 is not only liable to pay due tax as per the rates specified in section 4 of the DVAT Act as a non-composition dealer but also liable to pay penalty under section 86(24) for contravening the provisions of the DVAT Act. Therefore, in view of above, all Zonal Addl. Commissioner/Jt. Commissioners and also the Ward  VATOs/ AVATOs are  hereby directed  to  ensure that  ....