Revised Compliance Rules
TDS:
Registrations for persons liable to deduct tax at source and collect tax at source will start from September 18, 2017. However, date from which tax has to be deducted/collected will be notified by the Council later.
Composition scheme:
A registered person who could not opt for the composition scheme can do so till September 30, 2017. Such a person can avail of the scheme from October 1, 2017.
Registration for inter-state supply:
Any person making inter-state supply of handicraft goods up to aggregate turnover of ` 20 lakh (`10 lakh in special category states except J&K) will not be liable for registration if he has a Permanent Account Number and goods move under the cover of an e-way bill, irrespective of the value of the consignment.