purchase from composition dealer
This query is : Resolved
13 October 2017
If a regular dealer purchases goods from compisition dealer, wheather he has to pay full tax on sell because he can not avail of ITC. Or this supply will be assumed nill rated supply.
13 October 2017
Yes....
It's exempted / Nil rated inwards supplies... Also it ll be shown in separate column...
13 October 2017
@ Raja P M, but when I will sell this goods, it will be nill rated supply or taxable supply.
13 October 2017
(but when I will sell this goods)
You can't says your position in above said query. You asking to 3rd person....!
13 October 2017
oh! sorry, but how will be the outward supply nill rated or taxable, which is purchased from a composition dealer.
13 October 2017
Dear.,
First of you ll say your nature of business and Registration...!
First of you ll say your nature of business and Registration...!
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Form 10BD Filling
- TDS ON CASH WITHDRAWALS...
- Pan Card apply for Self help group
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
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
