banner_ad

composition scheme

Others 158 views 7 replies
is composition scheme person have to pay gst if supplier is unregistered
Replies (7)
If the aggregate value of such supplies of goods or service or both received by an registered person from any or all the suppliers, who is or are not registered, exceeds Rs 5000 in a day, libality to pay tax under RCM arises.
supplies from unregistered dealers comes under purview of RCM
on cmp also
but he can't claim ITC
itc can be claimed
yes since he is not making taxable invoice he can't claim ITC
Composition dealer can't claim ITC from anything....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details