Composition Scheme: Who Cannot Opt & Why It Matters
Reading Time: 3 minutes🤔 Q1: My turnover is under ₹1.5 crore. Am I automatically eligible for the Composition Scheme?A: Not necessarily! While low turnover is a key requirement, certain types of businesses are always excluded, regardless of turnover. 🚫 Q2: Which businesses are always excluded from the Composition Scheme?A: If you’re into manufacturing the following specific goods, you’re […]
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