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stock of outside state purchase

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16 Points Posted on 10 July 2017
I am opting. for composition scheme what about the stock which I had purchase from outside state
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On 10 July 2017 at 10:57 Report
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Accounts Manager
1466 Points Posted on 11 July 2017

IF YOU HAVE INTER STATE TRANSCTION , YOU CANT OPT COMPOSITION SHCEME

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On 11 July 2017 at 10:02
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CA CS in Job
675 Points Posted on 25 July 2017

IF YOU HAVE INTER STATE TRANSCTION , YOU CANT OPT COMPOSITION SHCEME
 

yes..

But any one tell me the reason behind such debar..

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On 25 July 2017 at 09:15
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16 Points Posted on 25 July 2017
sir I want to know what is the way for that stock which I am holding on30th June if I opt for composition
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On 25 July 2017 at 13:19
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CA CS in Job
675 Points Posted on 25 July 2017

If you go by rules then you have to sell it off and then go for composition.

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On 25 July 2017 at 14:34


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