composition scheme

188 views 5 replies
if trader purchased interstate goods n sale intrastate the same ...
can trader opt composition scheme ???
Replies (5)

Yes

 

sir ,
i needs ur suggestion ...
one of my clint deals in cloth trading he wants to opt composition scheme n wants to pay gst @ 1% apartfrom input gst bear as cost ...
how can i suugest him for go with regular scheme ...

Benefits of availing ITC.......... at the cost of maintaing accounts and filing monthly returns

Secondly availing ITC on existing stocks............. are main reasons

Still let him continue.......... you can switch anytime afteryears.....

thanku so much sir for ur suggestion ...

My Pleasure......

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