What is the penalty prescribed for a person who opts for composition scheme despite being ineligible for the said scheme?
Question 7
Bill
Offences, Penalties, Prosecution and Compounding
Faq On GST (2nd Edition) Dated 31.3.2017
Q 7. What is the penalty prescribed for a person who opts for composition scheme despite being ineligible for the said scheme?
Ans. Section 10(5) provides that if a person who has paid under composition levy is found as not being eligible for compound
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =