Gst on Composit

If I was a composit dealer in Gst, I would like to buy a product at 12%tax rate then what is the next process that I would have to pay to the government
Replies (8)

Now you can avail the input credit it means you can set off your output tax with your input tax then the the amount reaming shall be submitted to the government in the way of filing your GST return.Monthly return shall be filed in GST which will start from the month of september.

A composite dealer cannot avail ITC, so its your cost....

A composite dealer cannot avail ITC, so its your cost....

A composite dealer cannot avail ITC, so its your cost....

If u register as a composition dealer then u can't avail itc..

You cannot avail ITC. Pay outpt tax at specified rates in gst.

can composite dealer buy from out of state
Yes....

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