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Transitional provision

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(Querist)
28 July 2017 1. An registered dealer under vat having goods in stock , which was purchased by him within state from registered dealers only , of rs 30 lakh but he do not have input tax credit because already availed from output tax on sale , now he wants to opt composition scheme whether he has to pay reverse charge for the balance stock.?
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RAJA P M

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RAJA P M (Expert)
28 July 2017 Within state purchase is available for composition. Inter State purchases for previous Tax regime is restricted PPT to composition
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