TMI BlogComposition levy.X X X X Extracts X X X X X X X X Extracts X X X X ..... fifty lakh rupees may opt to pay, in lieu of the tax payable by him, an amount calculated at such rate as may be prescribed, but not exceeding,- (a) one per cent of the turnover in State in case of a manufacturer; (b) two and a half per cent of the turnover in State in case of persons engaged in making supplies referred to in clause (b) of paragraph 6 of Schedule II; and (c) half per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... c commerce operator who is required to collect tax at source under section 52; and (e) he is not a manufacturer of such goods as may be notified by the Government on the recommendations of the Council: Provided that where more than one registered person are having the same Permanent Account Number issued under the Income-tax Act 1961 (Central Act 43 of 1961) the registered person shall no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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