I am a cloth merchant. I have registered in GST portal in regular scheme. my gstin no. generated. can I change it to composition levy. what is the process and I have a stock RS 1500000/-
is there any charges paid in stock which I declared in 30th june
Menu
regular to composition levy
Replies (2)
if u were in regular scheme under vat and now go for composition your ITC ON stock is to be reversed. If fresh registration no issue.
In vat kapda is tax free so no need to register in vat. It's a fresh registration. Then what is the process of regular to composite
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
