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compounding scheme
my purchase till June from other state. Am I eligible for compounding scheme
Replies (3)
no, for composition you must not have stock purchased from inter state
wrong in composition you can purchase interstate but cant sell interstate....see the gst master class 2 in you tube...
if your stock comprises of goods that are purchased for interstate then you can not opt for compostion since you would have paid C.S.T on such stock . Bt revenue sectretory has said that they will consider the option that after gst is paid on those stock a person may be allowed to opt for composition . Bt as of now he can not opt .
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