Composition levy

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112 Points Joined March 2017

A is dealer,who is registered under composition scheme. If B purchased from A,then is B needed to pay GST on those goods by reversed charged mechanism ??

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On 31 January 2018 at 21:51 Report
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Student CA IPC / IPCC
220 Points Joined January 2013
no ,since A will be paying tax under composite scheme.
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On 31 January 2018 at 21:59
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69 Points Joined January 2018
no ,as explanation given by gst act if person is not registered person then liable to pay gst under RCM,,as per your query,the composition schemes person is registered person
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On 31 January 2018 at 21:59
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112 Points Joined March 2017
Can B pay tax for getting input tax credit ,if it is beneficial to B ?
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On 31 January 2018 at 22:06
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Student CA IPC / IPCC
220 Points Joined January 2013
no,in case of purchases from composite scheme ,u cannot claim ITC
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On 31 January 2018 at 22:08
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GST Practitioner & Accounts
15045 Points Joined March 2014

A  is  under composition scheme  issue bill of supply without  GST .so how  RCM  will applicable to B ?.

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On 31 January 2018 at 22:16
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GST Practitioner & Accounts
15045 Points Joined March 2014

A  is  under composition scheme  issue bill of supply without  GST .so how  RCM  will applicable to B ?.

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On 31 January 2018 at 22:16


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