Will a taxable person, having multiple registrations, be eligible to opt for composition scheme only for a few of registration

Will a taxable person, having multiple registrations, be eligible to opt for composition scheme only for a few of registration

Topic Name – What are the rates of tax for composition scheme

All registered persons having the same Permanent Account Number (PAN) have to opt for composition scheme. If one registered person opts for normal scheme, others become ineligible for composition scheme.

 

 

 

 

 

 

 

 

 

 

 

 

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Tabish Ahmad is an Advocate at Patna High Court works in the area of Corporate Law and Corporate Litigations. Tabish represented many clients in complex legal issues focusing on corporate compliance. As An Advocate it is the duty towards nations to make the citizen and businessmen aware about laws and compliances in order to comply as law abiding citizens.

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