Composition scheme

Ranjeet Singh (accounts) (379 Points)

25 November 2018

Can a composition registered dealer make interstate sales?If it has already done it is any kind of penalty chargeable under the Gst law ?

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3 Replies

Ranjeet Singh (accounts) (379 Points)
Replied 25 November 2018

he has already made interstate sales

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 25 November 2018

As per Rule 6, he cease to satisfy the condition to remain in compsotion scheme, hence have to file CMP 04 & switch to regular scheme.

Sowmiya (Student) (126 Points)
Replied 26 November 2018

vishesh sir may I know d quantum of penalty leived in such case u/s 73 & 74

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