1.how to pay tax upto the date of conversion?
shall we file CMP 08 for paying tax and it shoud be filed before CMP 04.
2. In form ITC 01 invoice particulars are to be filled for the whole amount of invoice or the amount out of total invoice amount which is still remaining in closing stock.
The quarter in which the conversion took place - CMP 08 has to be filed.
CMP-04 is only for intimation for withdrawal of composition scheme.
ITC-01 is required to be filed separately for availing ITC pertaining to closing stock. All details of the invoice is not required to be considered. Only details of goods lying in stock is required to be furnished in ITC-01.
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