Under the composition scheme, traders and manufacturers are allowed to pay taxes at a reduced rate of 1 per cent, while restaurant owners have to pay at 5 per cent rate. The scheme is open for manufacturers, restaurateurs and traders whose turnover does not exceed Rs 1.5 crore.
from Top Business News- News18.com https://ift.tt/2MrjSJ2
from Top Business News- News18.com https://ift.tt/2MrjSJ2
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