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Liability of Composition tax, VAT + CST

Issue Id: - 953
Dated: 11-11-2008
By:- d.v. gupta

Liability of Composition tax


  • Contents

if a dealer opts composition scheme under vat act having sale of Rs 30lacs (including 4% sale Rs 7.50 Lacs And Rs.22.5 lac vat free sale).Is the dealer liable to deposit composition tax 1% at total sale of Rs. 30Lac or On Rs 7.5 lac .

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Page: 1


1 Dated: 15-11-2008
By:- Surender Gupta
This issue is different from state to state and circumstances in which transaction is being executed.

Page: 1

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