05 July 2017
SIR, One of my assessee is registered under rajasthan vat act as normal dealer having business of ready made garments , and purchased goods either from rajasthan vat dealers and from inter state purchases by c form . Now after 01 july he wants to avail composition scheme under GST act. but in composition rule there is one restriction and condition that " the goods held on appointed day have not been purchased in the course of inter-state in any form , My question is that weather the tax u/s 9(4) reverse charge can be paid on that stock and avail the composition scheme.
CAclubindia
