Normal Vs Composition Scheme Calculation in GST Regime

Normal Vs Composition Scheme Calculation in GST Regime. The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs.1 crore. The objective of composition scheme is to bring simplicity and to reduce the compliance cost for the small taxpayers. Moreover, it is optional and the eligible person opting to pay tax under this scheme can pay tax at a prescribed percentage of his turnover every quarter, instead of paying tax at normal rate. Now Download Normal Vs Composition Scheme Calculation in GST Regime.

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  • Upload Date March 18, 2019
  • Last Updated March 19, 2019

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