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composition scheme

Sudhanshu (student) (18 Points)

17 September 2017

is composition scheme person have to pay gst if supplier is unregistered

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ROHIT AGARWALLA (PROPRIETOR) (10 Points)
Replied 17 September 2017

If the aggregate value of such supplies of goods or service or both received by an registered person from any or all the suppliers, who is or are not registered, exceeds Rs 5000 in a day, libality to pay tax under RCM arises.

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Info GST (289 Points)
Replied 17 September 2017

supplies from unregistered dealers comes under purview of RCM

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Sudhanshu (student) (18 Points)
Replied 17 September 2017

on cmp also

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Sudhanshu (student) (18 Points)
Replied 17 September 2017

but he can't claim ITC

ROHIT AGARWALLA (PROPRIETOR) (10 Points)
Replied 17 September 2017

itc can be claimed

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Info GST (289 Points)
Replied 17 September 2017

yes since he is not making taxable invoice he can't claim ITC

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RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 17 September 2017

Composition dealer can't claim ITC from anything....

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