composition dealer itc
NAGESWARAN (ACCOUNTANT) (834 Points)
21 August 2017
our supplier is a composition registered dealer. they charged gst taxes ..can we claim itc in that case or not
10 Replies
Hemant Dubey
(2 Points)
Replied 21 August 2017
no itc shall not be available to the person who are registered in composition scheme
Rajannaidu
(Manager Indirect Tax)
(901 Points)
Replied 21 August 2017
Comosition delaer can not charge GST on thier invoice. they ahve to pay the tax on thier turnover.
Rajannaidu
(Manager Indirect Tax)
(901 Points)
Replied 21 August 2017
Comosition delaer can not charge GST on thier invoice. they ahve to pay the tax on thier turnover.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 August 2017
@ NAGESWARAN.,
First of you ask your supplier "Composition or Regular dealer ".
If he is under composition scheme then you ll reply to him for bill of supply details....
First of you ask your supplier "Composition or Regular dealer ".
If he is under composition scheme then you ll reply to him for bill of supply details....
NAGESWARAN
(ACCOUNTANT)
(834 Points)
Replied 21 August 2017
@ Raja P M
welcome u sir,
one of our client supplies jute, gunny roll and other packing materials etc for packing purposes. After some doubt i check their GSTIN and it shows composition dealer. But in their bill they charges sgst and cgst @ 9% respectively. My query is in that case how they charge GST. can we claim itc. Awaiting for your reply sir..
welcome u sir,
one of our client supplies jute, gunny roll and other packing materials etc for packing purposes. After some doubt i check their GSTIN and it shows composition dealer. But in their bill they charges sgst and cgst @ 9% respectively. My query is in that case how they charge GST. can we claim itc. Awaiting for your reply sir..
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 August 2017
The dealer is composition then the bill is exactly wrong. They billing as wrong and wrongly given Tax Invoice.
So, You can't claim ITC in this bill... Once again you ll confirm.....
NAGESWARAN
(ACCOUNTANT)
(834 Points)
Replied 21 August 2017
Thank u very much. Just i like to inform u that i already filed 3b of our 8 entities with ur valuables guidelines. Thank u very much.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 August 2017
Guidelinessssssssssssssss.....?!
When and Where I guide....? 
NAGESWARAN
(ACCOUNTANT)
(834 Points)
Replied 21 August 2017
Sir.. lot of times u r clarified my query.🙏🙏🙏🙏🙏
Recent Topics
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
Related Threads
CAclubindia
