Rs. 5000 thousand per day limit
This query is : Open
08 November 2017
SIR IN GST RS, 5000 PER DAY INWARD SUPPLY FROM URD IS FREE AND NOT APLIED RCM ON IT
SO QUESTION IS ARISE THAT
IT IS APLICABLE FOR COMPOSITION SCHEME HOLDER OR NOT ?
SO QUESTION IS ARISE THAT
IT IS APLICABLE FOR COMPOSITION SCHEME HOLDER OR NOT ?
08 November 2017
Yes, this limit was equally applicable for composition dealer.
Further, for your information, RCM on purchase from URD is suspended from 13th Oct 2017.
Further, for your information, RCM on purchase from URD is suspended from 13th Oct 2017.
08 November 2017
IT HAVE SUSPENDED FOR SETION 9 (3) OR SECTION 9 (4) ?
08 November 2017
all sec 9(3) cgst and sec 5(3) of igst continues only urd is not applucble till 1st april 2018
08 November 2017
sec 9(4) is suspended till March 2018
09 November 2017
I have stock of rs. 500000 on 30 June but have no itc of vat
I migrate as composition dealer in gst
if I declere this stock in cmp 03
will tax liability arise on it acording gst rate ?
and should I pay this tax with cmp 03?
09 November 2017
I have stock of rs. 500000 on 30 June but have no itc of vat
I migrate as composition dealer in gst
if I declere this stock in cmp 03
will tax liability arise on it acording gst rate ?
and should I pay this tax with cmp 03?
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