Composition scheme
This query is : Resolved
13 July 2017
What if a person is a registered dealer(not composition) under VAT and want to register under composition scheme in GST but have stock purchased from another state(ie CST purchase) on 1st july , can I be able to take benefit of composition, if not, than is there any way to make eligible my self for composition.
Secondly my brother who was engaged in saree retail business(not taxable under VAT so not registered under VAT) wants to register under composition scheme (as now textile is taxable) , but having stock of saree (non taxable item under VAT)purchased from another state
Secondly my brother who was engaged in saree retail business(not taxable under VAT so not registered under VAT) wants to register under composition scheme (as now textile is taxable) , but having stock of saree (non taxable item under VAT)purchased from another state
13 July 2017
1. interstate inward supply (purchase) is NOT a problem for composition. If you have interstate outward supply (Sale), then you can NOT go for composition.
2.your brother can register under gst. he can avail composition
2.your brother can register under gst. he can avail composition
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