Turnover in State or turnover in Union territory under composition levy
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....of inward supplies on which tax is payable by a person on reverse charge basis) and * exempt supplies made within a State or Union territory by a taxable person, * exports of goods or services or both and * inter-State supplies of goods or services or both made from the State or Union territory by the said taxable person but excludes central tax, State tax, Union territory tax, integrated ta....
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....over ( In Rs. ) April-June 20 lakh July-Sept 30 lakh Oct-Dec 20 lakh In the given case, * since has started the supply of services in the current financial year, his aggregate turnover in the preceding financial year is Nil. whether he have turnover in the previous year upto 50 lakhs then he is eligible to opt composition during the financial year * Consequently, in the current F....