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gstr4

Vijay Mohan (365 Points)

15 April 2018  
govt. has introduced composite licence for small business people to reduce filing returns. but in gstr 4 they are seeking information from them regarding purchases from regd. dealers. which creates complication. what is use of asking that information since they will not claim any ITC.it is a laborious process. which can not afford by small business people

 3 Replies

CA Rashmi Gandhi (Chartered Accountant) (59008 Points)
Replied 15 April 2018

Yes but same is required to trace all sales & purchases

MURALIDOSS (INCOME TAX PRACTITIONER)   (1195 Points)
Replied 15 April 2018

IF OPT OUT FROM COMPOSITION TO REGULAR DEALER, CAN WE CLAIM ITC INPUT FOR STOCK BALANCE IN MARCH-18?

 

Atul Hissaria (30 Points)
Replied 16 April 2018

YAA U CAN CLAIM IN ITC-01 FORM

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