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compounding scheme

Kinshuk Gupta (1 Points)

30 July 2017

my purchase till June from other state. Am I eligible for compounding scheme

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sarika aggarwal (partner) (37 Points)
Replied 30 July 2017

no, for composition you must not have stock purchased from inter state

Anupam Goswami (342 Points)
Replied 30 July 2017

wrong in composition you can purchase interstate but cant sell interstate....see the gst master class 2 in you tube...

Farhan Khan (30 Points)
Replied 30 July 2017

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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