Composition dealer And Transporter

213 views 1 replies
can a composition dealer have a interstate purchase ?

As transporter are under rcm.
so the receiver will pay 5% with ITC .
I m not clear with 5% without ITC and 12% with ITC is for receiver of service or provider.

Do revert soon team.

Have a nice day.
Replies (1)

1 Yes compsition dealer can have inter stae purchase 

See this vidoe to understand composition scheme in detail 

https://youtu.be/R_zW-zh5oYI

 

2 Also see this video to undertsand rate of tax under GTA 

https://youtu.be/NxiKAb8QS4I

 

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