Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

composition to gst

07 August 2017

me gst me rjistrd hu
or me ydi composition me rjistrd se mal purchases krta hu to kya us mal ki sale hone per us mal pe fir se tex lena ho ga ya nhi?

Reply
Follow
Share

11 Replies

RAMESH D MODI (Proprietor) (4864 Points)
Replied 07 August 2017

if u are also in composition u will have to pay 1% on sale.

Chhatra Singh Dugar (1464 Points)
Replied 07 August 2017

You will have to pay tax if you supply goods bought from composition dealer. As composition can not issue Tax Invoice you can not have benefit of ITC. So those who want to take ITC credit must avoid purchasing from composition dealer

RAMESH D MODI (Proprietor) (4864 Points)
Replied 07 August 2017

and if u r in normal u will have to pay according to respective rates of the goods sold bcoz no itc will be available to u in that case

Chhatra Singh Dugar (1464 Points)
Replied 07 August 2017

At the same time if you are also composition dealer then you have to psy tax @ 1% of the sale. Also you are to issue Bill of supply not Tax Invoice.

Nikhil Singrodia (Student) (56 Points)
Replied 07 August 2017

I have an issue if a normal taxpayer is purchasing goods from composition scheme dealer then what is need of ITC because composition scheme dealer is not charging tax in our bill?

Nikhil Singrodia (Student) (56 Points)
Replied 07 August 2017

@ CHHATRA SINGH DUGAR

Chhatra Singh Dugar (1464 Points)
Replied 07 August 2017

But composition dealer is charging 1%. I will add to your cost price. Also normal dealer will have to pay tax when he makes sale. So in this case GST has been paid twice. Once when composition dealer purchased and other when normal dealer sells after purchasing from composition dealer.

Nikhil Singrodia (Student) (56 Points)
Replied 07 August 2017

No
composition dealer is not charging from customer.

Chhatra Singh Dugar (1464 Points)
Replied 07 August 2017

I replied you assuming that composition dealer sells first to normal dealer or regular dealer. If you mean normal taxpayer as customer than composition will charge only 1%