Menu
Composition scheme
Can a composition registered dealer make interstate sales?If it has already done it is any kind of penalty chargeable under the Gst law ?
Replies (3)
he has already made interstate sales
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.
vishesh sir may I know d quantum of penalty leived in such case u/s 73 & 74
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
