opting for Composition scheme
This query is : Resolved
09 August 2017
i am having all the closing stock purchased from URDs as on 30/06/2017. Weather i am eligible to opt for Composition scheme under GST w.e.f. 01/07/2017
09 August 2017
yes, yo can go for composition scheme
09 August 2017
Thank you sir weather i will have to pay tax for the closing stock held as on 30/06/2017 either under Vat scheme or under GST
09 August 2017
VAT....no tax to be paid on stock.
GST...yes you will be required to pay GST on the same.
GST...yes you will be required to pay GST on the same.
09 August 2017
Thanks sir
09 August 2017
you are most welcome.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Refund of AY 22-23
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Confusion around Form 26QB fields
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- Intimation wrongly states taxpayer has offerred u/s. 44ad & states probable resolutiton to do audit
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
