input credit
Sumit Rawat (23 Points)
13 September 2017
can purchase can claim input credit from suppliers under composition scheme.
3 Replies
CA Shashikumar PN
(Consultant - Taxation)
(264 Points)
Replied 13 September 2017
Composition dealer can not claim ITC.
CA Shashikumar PN
(Consultant - Taxation)
(264 Points)
Replied 13 September 2017
Composition dealer can not claim ITC.
Poltu Ghosh
(Job)
(1865 Points)
Replied 13 September 2017
In case you are purchasing from composition dealer then the question of claiming ITC does not arise at all since composition dealer cannot charge gst on outward supply
Recent Topics
- Transportation bill
- Write off of unsecured loan to a Firm
- Claim of ITC more than 2B
- How to go Old regime to new regime
- "How should I begin preparing for CA foundati
- SBI or State Bank of India Passbook printing forma
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Requirement to prepare Consolidated financial stat
- Government grant not repayable
- Late fess for challan PMT 06 under self assessment
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
