Vat composition to gst composition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2017 Please guide when a dealer opted composition in VAT migrate to GST and again opt for composition, what formalities regarding closing stock of VAT has to be done in gst regime ?

RAJA P M

RAJA P M (Expert)
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17 July 2017 No more formalities if you opt for composition. After GST, You sell your goods and also pay tax in your turn over based in every quarter...

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2017 do we need to fill cmp-03 for any closing stock detail??

RAJA P M

RAJA P M (Expert)
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17 July 2017 You have any stock for previous Tax Regime you ll be show the details to GSTN for following......

FORM CMB - 03 for using "Details of Stock and Inward supplies from Unregistered Person"

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