26 June 2017
Hai Sir/Madam, Please clarify my doubts in GST. 1.What is the treatment for input credit availed when transitioning from normal scheme to Composition Scheme in GST? 2.What about the entire Statement below mean? (Registered foreign taxpayer shall pay the tax, interest, penalty, fees etc. within twenty days after the end of a tax period or within seven days after the last day of the validity period of registration, whichever is earlier).
26 June 2017
1. ITC availed shall be paid on or before date of transition from nor mal tax payer to composite tax payer 2. I guess i would be in a better position to explain this statement if you ould provide any reference section number
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