whether gst dealer under composition scheme can make inter state purchase of goods?. Any notification or circular for the same is available?.
Thanks
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Quick Summary
Dealers registered under the GST composition scheme are generally permitted to make inter-state purchases of goods. While the scheme restricts inter-state sales, there are no such limitations on purchases. This scheme is best suited for smaller businesses seeking simplicity and avoiding complex tax procedures.
Composition scheme assesse cannot take input tax credit ,can't make interstate sale. It is applicable for those assesse who are not eager to take or involve in any complications. For petty business this is best suited.