Set off
This query is : Resolved
05 April 2016
person carrying business of hotel, he want to opt composition scheme rate is 5 % , can he claimed set off on equipments, furniture etc purchase against the scheme???
CA ANKIT GUPTA
(Expert)
12 April 2016
Ninad
If a person opt composition scheme, then he cannot claim benefit of Input Taxes paid either of goods or Capital Goods.
For DVAT Registration-Filing-Consultancy
Feel free to reach us at www.emunshe.com
Ankit Gupta
Founder Member
(Call/Whatsapp) - 9811985576
(Email) - ankit@emunshe.com
If a person opt composition scheme, then he cannot claim benefit of Input Taxes paid either of goods or Capital Goods.
For DVAT Registration-Filing-Consultancy
Feel free to reach us at www.emunshe.com
Ankit Gupta
Founder Member
(Call/Whatsapp) - 9811985576
(Email) - ankit@emunshe.com
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