composite
Sanjay Modh (8 Points)
29 July 2017
agar composite dealer kisi dusare composite dealer ko mal bechata hai to kisi ko koi tax liability banati hai ?
Sanjay Modh
(8 Points)
Replied 29 July 2017
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 29 July 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 29 July 2017
The seller composite dealer has to pay tax as normal quarterly.
There is no impact on buyer composite dealer.
Hardik
(abc)
(12 Points)
Replied 29 July 2017
Hardik
(abc)
(12 Points)
Replied 29 July 2017
Hardik
(abc)
(12 Points)
Replied 29 July 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 29 July 2017
No sir....
The composite dealer cannot pass the credit, so the customer cannot take the credit...
CA Rohan jain
(Sole Proprietor)
(929 Points)
Replied 29 July 2017
No Credit when purchased under Composition scheme.
No RCM when purchased from Composition Scheme dealer. RCM only when purchased fron Unregistered dealers.
Pay tax @ 1% as output tax on sales.
Ajay Sharma
(23 Points)
Replied 01 August 2017
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
