inter state supply

This query is : Resolved

Kothamasu Murali (Querist)
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30 June 2017 I purchased from Tamil nadu and I sell all the goods in my home state.is iam eligible for composition scheme?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2017 Composition scheme not available for inter state supply;

Kothamasu Murali

Kothamasu Murali (Querist)
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30 June 2017 Sir I only purchase ,sale is only in my state

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2017 Yes you can opt the scheme.
Local suppliers, i.e., those who supply within a state can only take advantage of this scheme.

Kothamasu Murali

Kothamasu Murali (Querist)
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30 June 2017 iam purchasing from Tamil nadu and Rajasthan.i sell only in ap.is iam eligible for composition scheme

Kothamasu Murali

Kothamasu Murali (Querist)
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30 June 2017 Sir,one of the bank manager asked p&l a/c ,b/s projections of this year for loan purpose.loan amount is 200000.is ca sign is required?

Kothamasu Murali

Kothamasu Murali (Querist)
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30 June 2017 his turnover is 2400000

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2017 You are eligible for composition scheme for sale in AP.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2017 For projections CA sign is not required.

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