Sumit has opted for composition scheme in the financial year 2019-2020. His aggregate turnover in Financial Year 2018-2019 is ₹ 90 Lakh. In Financial Year 2019-2020, Mr. Sumit can supply services (other than restaurant services) up to a value
A. ₹ 5,00,000
B. ₹ 9,00,000
C. ₹ 50,00,000
D. Nil
Answer:B
Sumit has opted for composition scheme in the financial year 2019-2020. His aggregate turnover in Financial Year 2018-2019 is ₹ 90 Lakh. In Financial Year 2019-2020, Mr. Sumit can supply services (other than restaurant services) up to a value
A. ₹ 5,00,000 B. ₹ 9,00,000 C. ₹ 50,00,000 D. Nil