Composition Dealer

364 views
User Avatar

Student CA IPC / IPCC
214 Points Posted on 03 January 2020
Dear Sir/ Ma'am

I am a composition dealer and want to purchase products out side state and sale within state. Can I do that please suggest.
0 Reply Share Follow
On 03 January 2020 at 12:27 Report
Replies (4)
Quick Summary
This discussion clarifies the rules for composition dealers regarding interstate purchases and intra-state sales. A composition dealer is permitted to purchase goods from suppliers located outside their state. However, all sales of these goods must be conducted exclusively within the dealer's home state. This is in accordance with Section 10 of the CGST Act, though it's noted that such suppliers may not offer interstate sales to composition dealers, and input tax credit is not eligible.

User Avatar

Articled Assistant
61 Points Posted on 03 January 2020
Yes you may purchase from other states but you can sell your goods only within the state.
Reply
On 03 January 2020 at 12:33
User Avatar

43 Points Posted on 03 January 2020
Yes you can do
as per section 10 of CGST act inter state purchase allowed
Reply
On 03 January 2020 at 16:46
User Avatar

840 Points Posted on 03 January 2020
I have a query on this.
but that supplier won't do interstate sale to composition dealer. ryt?
even if he sells, he is not eligible for ITC
AM I RYT
Reply
On 03 January 2020 at 17:58
User Avatar

Partner
68 Points Posted on 04 January 2020

Yes

     You may purchase the goods from outside the state but you have to sell the goods in intra state only.

Reply
On 04 January 2020 at 12:15

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Income tax or capital gain tax for Resident Indivi
  2. PCIT-1 Thane Email address
  3. CA Fees deduction for non audit case allowed?
  4. 5th Letter PAN Mismatch with Surname issues still
  5. Criteria to hire an article
  6. Guidence requested for a Finance Professional with
  7. Expert Opinion Required – Form 140 Gross Amo
  8. WRONG TAX DEMAND - formal responses , rectificatio
  9. Foreign remittance
  10. Affordable Residential Flats in Gurgaon

More recent discussions | Post

Related Topics :

Loading