is it possible to register under composition scheme
when u have inter state stock lying on
30th june 2017.
Menu
composition
Replies (3)
no you are not allowed to
No.
As per Rule 3(b) of GST, it is clearly specified that you cant opt for composition if there is goods lying in stock purchased from outside State.
As per Rule 3(b) of GST, it is clearly specified that you cant opt for composition if there is goods lying in stock purchased from outside State.
This condition only appliable on the migrated dealer if new registration under the gst and hold stock from the interstate purchase he can adopt composition scheme
Recent Topics :
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
Related Topics :
CAclubindia
