composition scheme

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16 Points Joined June 2017
if composition dealer purchase goods from normal tax payer by paying tax say 18%. is the composition dealer eligible for ITC
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On 24 July 2017 at 10:46 Report
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Consultant
151 Points Joined February 2017

No, compositoin dealer is not allowed to avail input tax credit of gst paid to their supplier

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On 24 July 2017 at 11:30
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CS Professional Passed
101 Points Joined December 2011
As composition dealer is not required to charge GST in his invoice he is not eligible to claim for input tax credit
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On 24 July 2017 at 14:01
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16 Points Joined June 2017
while purchasing goods gst is charged
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On 24 July 2017 at 23:59


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