COMPOSITION SCHEME
This query is : Resolved
02 July 2017
What happens if a trader(Readymade garments) goes through composition scheme in following situations.
1. If he buys goods from unregistered dealer ? (RCM & gst rates)
2. If he buys service from unregistered? (RCM & gst rates)
3. How much return he has to file (gst only)
4. if he has to raise supplementary invoice than he has to mention gst rate? if yes then how much & format of invoice.
in above case if he has to pay RCM then
1. time period for paying RCM
2. can he take credit of RCM?
Amol S Joglekar
(Expert)
02 July 2017
no RCM for those who opt for composition
Amol S Joglekar
(Expert)
03 July 2017
you are most welcome.
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