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shifting from regular to composition
sir. let us say under regular scheme i have stock of rs.100 where in input gst is of rs 18. now i sold rs. 50 stock for rs.100 and the input of rs.18 was set off against output gst of rs 18. now i have another closing stock of rs 50 and accordingly i shifted from regular to composition. now what are the formalities to be completed? kindly advice.
Replies (1)
ITC on closing stock 50/- on or before Filed CMP02 is to be deposit .
File ITC 03
File ITC 03
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