R/ Sir whether composition dealer is liable to pay GsT annual return
Replies (3)
Quick Summary
Composition dealers are indeed liable to file an annual GST return, specifically GSTR-9A, for the financial year 2017-18. If any tax liability arises, it must be paid in cash and can be offset using Form DRC-03. This discussion also touches upon the turnover limits relevant for composition dealers filing their annual returns.