Composite to regular dealer
This query is : Resolved
24 May 2019
One of my clients is pesticides, the retail seller. Now he migrates from composite to regular dealer .and after migrated we submitted ITC-01 as Section 18 (1) (c)
Is there need to pay any tax on the value of stock held in hand or which was shown in ITC -01 form total. If yes how can I pay the amount?
Is there need to pay any tax on the value of stock held in hand or which was shown in ITC -01 form total. If yes how can I pay the amount?
24 May 2019
No requirement of paying tax on stock. Tax to be paid on supply
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