Tag Archives: composition scheme

Delhi restaurants & Halwais, migrating to new composition scheme, need not to pay tax on opening stock

By | April 28, 2016

DELHI VALUE ADDED TAX ACT, 2004  NEW COMPOSITION SCHEME FOR RESTAURANTS AND HALWAIS CIRCULAR NO.01 OF 2016-17 [NO.F.3(664)/POLICY/VAT/2016/106-112], DATED 27-4-2016 A new composition scheme has been recently notified by the Government vide notification dated 18/03/2016 in exercise of powers conferred in section 16(12), wherein the registered dealers whose annual turnover is upto Rs. 50 Lakhs… Read More »

Haryana Govt amends composition scheme for developers

By | October 5, 2015

HARYANA VALUE ADDED TAX (THIRD AMENDMENT) RULES, 2015 – SUBSTITUTION OF RULE 49A & INSERTION OF FORM VAT-CD1 AND FORM VAT-R13 NOTIFICATION NO.23/H.A.6/2003/S.60/2015, DATED 24-9-2015 Whereas the State Government is satisfied that circumstances exist which render it necessary to take immediate action in public interest; Now, therefore, in exercise of the powers conferred by sub-section… Read More »