COMPO DEALER PURCHASE FROM COMP DEALER

217 views 4 replies
is the comp dealer required to pay tax if on input if he purchase from another composition dealer
Replies (4)
INPUT TAX CREDIT IS NOT AVAILABLE FOR COMPOSITION DEALER...
Hi,

no tax in not required to be paid on purchase made from composition dealer

thanks
Mohit.
8335093446
No tax is required to be paid on purchase from unregistered person as 9(4) is not operative now.

composition dealer has to pay tax at flat rate applicable 1%,6%,5%on his outward supplies....
Composition dealer is Registered person GST, hence if any Composition dealer purchase from another composition dealer , there is no GST Applicable under RCM .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register