Composition dealers export and import
Nishu Kotian (332 Points)
26 August 2021Nishu Kotian (332 Points)
26 August 2021
prasad Nilugal
( GST Practitioner & Accounts )
(14606 Points)
Replied 26 August 2021
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 26 August 2021
Composition dealer can not make interstate transactions. One needs to convert into regular scheme for dealing into import and export.
prasad Nilugal
( GST Practitioner & Accounts )
(14606 Points)
Replied 26 August 2021
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 26 August 2021
Yes u can make Import Puchase but not Export Sale under Compsoition Levy
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)