Can a Composition Dealer sold Goods to Composition Dealer and what is the position of purchaser for tax liability
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Composition dealer can sold to Composition Dealer ??
Replies (4)
Yes.... Why not...?!
Composition Dealer can sell his goods to anybody in Intra State...
If Purchaser is Composition dealer then No need to worry about Tax Liability for the Purchase...
If Purchaser is Regular dealer then He can't avail any Tax (ITC) in the purchased goods from composition dealer.
Composition Dealer can sell his goods to anybody in Intra State...
If Purchaser is Composition dealer then No need to worry about Tax Liability for the Purchase...
If Purchaser is Regular dealer then He can't avail any Tax (ITC) in the purchased goods from composition dealer.
No question of claiming ITC by purchaser as a composition dealer can not collect GST from his customers.
Both are registered dealer the only point is composition dealer cannot collect tax & annot claim ITC. so one composit dealer can purchase from other composit dealer
Yes. A Conposition Dealer can sell goods to another Composition Dealer. Applicable tax needs to be discharged by the supplier. As Tx cannot be collected by the composition dealer, the question of availing ITC by the recipient composition dealer doesn't arise.
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