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composition scheme

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16 Points Posted on 24 July 2017
if composition dealer purchase goods from normal tax payer by paying tax say 18%. is the composition dealer eligible for ITC
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On 24 July 2017 at 10:46 Report
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Consultant
151 Points Posted on 24 July 2017

No, compositoin dealer is not allowed to avail input tax credit of gst paid to their supplier

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On 24 July 2017 at 11:30
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CS Professional Passed
101 Points Posted on 24 July 2017
As composition dealer is not required to charge GST in his invoice he is not eligible to claim for input tax credit
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On 24 July 2017 at 14:01
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16 Points Posted on 24 July 2017
while purchasing goods gst is charged
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On 24 July 2017 at 23:59


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