Opt out from composition scheme
This query is : Resolved
Sandeep Gupta
(Querist)
09 August 2017
Plz guide me , how I opt out from composition scheme
Amol S Joglekar
(Expert)
09 August 2017
you need towait till the gst site enables cancellation link.
Sandeep Gupta
(Querist)
09 August 2017
सर तब तक b2c बिल नार्मल स्कीम का बनाऊ या compostion स्कीम का
Amol S Joglekar
(Expert)
09 August 2017
even though you have the gst number for composition scheme, you apply a fresh for regular number with same pan. And on this new gst number you start doing the business. Then you can make the invoices.
Sandeep Gupta
(Querist)
09 August 2017
लेकिन हमने आउट ऑफ स्टेट से purchase कर लिया है।
Amol S Joglekar
(Expert)
09 August 2017
So? What difference it makes?
A regular dealer can very purchase as well as sale outside State
A regular dealer can very purchase as well as sale outside State
Sandeep Gupta
(Querist)
09 August 2017
लेकिन हमने रिड किया है कि compostion स्कीम का dealer out of state na hi purchase kar sakta hay na hi sale ?
Amol S Joglekar
(Expert)
09 August 2017
there is a general rumour as you rightly pointed out.
So far as my reading of GST Act goes, section 10(2)(c) says.....Registered person shall be eligible to opt under for composition scheme if he is NOT engaged in making any inter State OUTWARD supplies of Goods.
Outward supplies means Sales
For purchases they use the term "inward supply"
Now what do you have to say on this?
So far as my reading of GST Act goes, section 10(2)(c) says.....Registered person shall be eligible to opt under for composition scheme if he is NOT engaged in making any inter State OUTWARD supplies of Goods.
Outward supplies means Sales
For purchases they use the term "inward supply"
Now what do you have to say on this?
Sandeep Gupta
(Querist)
09 August 2017
तो क्या आउट ऑफ स्टेट परचेस किया जा सकता है compostion स्कीम के अंतर्गत
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