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Effect gst reduction 28% to 18% for composition dealer

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Amit Saxena (Querist)
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13 November 2017 Sir

How would a composition dealer give benefit of reduced gst 28 to 18% on his closing stock of 14th nov to his customers

CA_Suhani

CA_Suhani (Expert)
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13 November 2017 Nothing to be done by a composition trader

B Vinay Reddy

B Vinay Reddy (Expert)
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13 November 2017 Dear Mr.Saxena, As Composite Dealer will pay taxes on Turnover from dealers own pocket but not collecting from Customers. So you are not required to take any effect of changes in rates now & in future as taxes will not be collected from Customers. Regards B Vinay Reddy like & follow to stay connected

Amit Saxena

Amit Saxena (Querist)
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13 November 2017 But in this case a composition dealer won't be able to sell his 28% purchase stock at a cheaper rate and his item will be costly compared to regular dealer

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