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Gst coposition
If a composition dealer purchase goods from normal dealer then he pays tax on goods let suppost 18% and when he sell goods then he also pay tax @ 1% on sales. is it correct
Replies (3)
Correct........
is it not double taxtion?
As a composition dealer you are not allowed to take input tax credit and also not able to collect tax from customer .You have to pay from our own some percentage of supply. So before applying for composition scheme must consider all this facts too.
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