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11A. Composition of tax by certain registered dealers

11A. Composition of tax by certain registered dealers

(1)(a) The Commissioner may, subject to such restrictions and conditions as may be

prescribed, permit any registered dealer, who carries on wholly or partly the business of

supplying goods in the course of execution of works contract entered into by him, to pay in

lieu of tax payable by him under this Act a lumpsum at such rate as may be prescribed and

determined in the prescribed manner, by way of composition, and this option for composition

will have to be submitted within 2060 days20 of commencement of execution of the works

contract or contract.

(b) The provisions of Sections 18, 20, 20 A, 39 and 40 shall not apply to a registered dealer

to whom permission to pay a lumpsum by way of composition is granted under clause (a) in

relation to the period for and the goods in respect of which such composition of tax has been

made and who complies with the restrictions and conditions prescribed under the said

clause.

(2) For the purpose of determination of the lumpsum by way of composition under clause (a)

of sub-section (1), the State Government may prescribe different rates for different kinds of

contracts.

(3) A registered dealer who opts for composition of tax under sub-section (1) shall not be

eligible to any input tax rebate in relation to the period for and the goods in respect of which

such option is exercised by the dealer.

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GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .