A quarterly statement cum challan, form CMP 08 shall be used to declare the self-assessed details of the tax payable by a composite dealer in the given quarter.
Considering the present scenario in the country with COVID-19 outbreak, GSTN (Goods and Service Tax Network) has recently issued an updated advisory for taxpayers opting for Composition Scheme for the Financial for Year 2020-21.
Aerated Waters manufacturers as Regular tax-payers by excluding them from Composition Scheme by amending the notification 14/2019 Central Tax dated 7.3.2019.
