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Composition scheme

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2017 I am unregistered dealer under present law. Can i claim ITC on closing stock? if i opt composition scheme under GST. if yes, what is the rule for claiming ITC.
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21 June 2017 1)If you were not liable to registered under the existing law then you can claim credit of input held in stock ,semi finished goods and finished goods. 2 For composition scheme see this video. https://youtu.be/R_zW-zh5oYI

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