Menu
Cancellation of Registration
Is composition dealer required to pay tax on stock held on the date of cancellation of gst registration.??
Replies (5)
No .........,...
Infact if swift to Regular dealer from composition scheme can claim ITC on stock by filing ITC 01
Infact if swift to Regular dealer from composition scheme can claim ITC on stock by filing ITC 01
no it is not required to pay for composition dealer
Yes if you surrender the Registration & having stock in books , have to Pay Tax on same . It will not allow you to surrender until the tax has been deposited.
Dear sir...
the composition dealer is not required to file gstr 10 and they are not claiming itc on purchase
then how they will liable to pay tax?
the composition dealer is not required to file gstr 10 and they are not claiming itc on purchase
then how they will liable to pay tax?
Yes ,. you are correct Mr. Pritesh
But when You file cancellation there it ask for stock in hand & if stock is declared therein it ask to deposit the Tax for the same else won't allow you file application for surrender
But when You file cancellation there it ask for stock in hand & if stock is declared therein it ask to deposit the Tax for the same else won't allow you file application for surrender
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
