Inter state sale
This query is : Resolved
23 June 2017
RESPECTED SIR
IF A TRADER HAVE INTERSTATE SALE HE CAN NOT OPT COMPOSITION SCHEME BUT IF HE HAS INTER STATE PURCHASE AND SALE INTRA STATE CAN HE OPT COMPOSITION SCHEME? PLEASE ADVICE. THANKS....
IF A TRADER HAVE INTERSTATE SALE HE CAN NOT OPT COMPOSITION SCHEME BUT IF HE HAS INTER STATE PURCHASE AND SALE INTRA STATE CAN HE OPT COMPOSITION SCHEME? PLEASE ADVICE. THANKS....
23 June 2017
Yes.
A dealer opting for composition can purchase from other states. But he cannot make inter state sales.
furthermore, At the time of registration under composition, there should not be any stock purchased from inter state (refer composition rules)
Message likes :
1 times
13 October 2021
1. No for interstate supply...
2. Yes for intrastate supply..
2. Yes for intrastate supply..
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- ASMT-10 received from A O
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- TAX AUDIT QUESTION
- LIABILITY ADJUSTMENT
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
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
