ser ji mai vat composition me tha to meri purchase ka in put tax refund nahi liya
In GST I am in also Composition so CMP - 03 compulsory
yes cmp-03 is necessary....in the form you have to show your stock on two parts ....1st is purchases from registered person (under vat) and the other is purchases from unregistered person under VAT.....
no tax is payable on purchases from registered person....tax is payable only on the purchases made from unregistered persons if they were taxable at the time of purchases........
CAclubindia
