dear colleagues
gud noon
ek individual firm hai usse Composition me transfer krna hai 1-4-22 se....
kya process rhega ??
or kab tak ho skta hai??
or closing stock ka treatment kya rhega??
kafi confusion hai... please guidance ya koi link provide kre🙏🙏
regards
Menu
Regular to composition.....
Replies (4)
You can fill the application online from GST portal after login to opt for composition scheme from regular.
You must reverse the ITC lying in closing stock if it is already utilised
You must reverse the ITC lying in closing stock if it is already utilised
Input tax credit lying in closing stock can't be availed by a composition dealer.
Ok sir... sir ek or confusion hai ki sirf input jo books me hi vo hi reverse krni hai yaa closing stock per koi additional tax/libilty bhi???
or sir konsa form fill krna padega ??
or kab??
pura clear kro sir ji
or sir konsa form fill krna padega ??
or kab??
pura clear kro sir ji
Transfer from composition dealer to regular
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