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composition tax

ankur shah (30 Points)

08 July 2017

wheather purchase from other state in composition tax scheme

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11 Replies

KUSHAGRA SINGHAL (47 Points)
Replied 08 July 2017

yes you can purchase from outside state but you will not be able to sell outside state or through e commerce channel...

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ankur shah (30 Points)
Replied 08 July 2017

thank you sir

KUSHAGRA SINGHAL (47 Points)
Replied 08 July 2017

your welcome sir ...can you please hit a like on my reply if your query is resolved.

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KUSHAGRA SINGHAL (47 Points)
Replied 08 July 2017

for any query on gst mail me at
camoharisai @ gmail.com

ankur shah (30 Points)
Replied 10 July 2017

sir dealer is not registered in VAT he is petty dealer turnover 20 lakhs stock at premises 17.5 lakhs purchase from outside state, weather is applied for GST COMPOSITION SCHEME

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RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 10 July 2017

yes he can

ankur shah (30 Points)
Replied 10 July 2017

sir what about tax on stock

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 10 July 2017

Can't take ITC on stock from inter State purchases.

ankur shah (30 Points)
Replied 10 July 2017

my query is stock of 17.5 lakhs wheather department has collect tax on that stock or pay urd tax on that amount

RAJA P M ("Do the Right Thing...!!!") (128085 Points)
Replied 10 July 2017

No No No....
After applying RDC then you sell your goods and after your total sale. You calculate tax on whole sale and pay to govt. It's every quarter Youll be follow