CAN DO CLAIM ITC FY 20_21 IF CONVERT TO COMPOSIT TO REGULAR
This query is : Resolved
11 September 2020
Dear sir
my claint take composit Registration 06/08/2019 FY 19_20.at present HE want to convert Under REGULAR scheme,AFTER CONVERT TO REGULAR SCHEME can he take ITC OF CURRENT FY 20_21 FROM APRIL 2020 INVOICE ?OR FROM WHICH DATE HE WILL ELIGIBLE TO TAKE ITC
my claint take composit Registration 06/08/2019 FY 19_20.at present HE want to convert Under REGULAR scheme,AFTER CONVERT TO REGULAR SCHEME can he take ITC OF CURRENT FY 20_21 FROM APRIL 2020 INVOICE ?OR FROM WHICH DATE HE WILL ELIGIBLE TO TAKE ITC
12 September 2020
He is eligible to take credit from the date he becomes regular dealer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Plot of land. Cost of Acquisition
- Taxation on LTCG for property sold after 24JUL2024
- REGARDING GST LIABILITY/....
- Last year TDS Claim
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
