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Posts tagged as “Composition”

Easy to Understand – COMPOSITION SCHEME UNDER GST

Yaman 0

Composition scheme is a simple and easy scheme for small traders and business in GST. Amitbhai Patel, a small-time trader in Madhupura Market of Ahmedabad. His business turnover was  ₹48.37 lakhs last year and due to demonetization, he doesn’t expect his turnover for this financial year to be more than ₹55 lakhs. He deals with numerous traders and

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