Composition tax regarding
ABHI KUMAR (710 Points)
13 July 2022
if compostion dealer purchase from composition dealer what is the treatment in gst of books of recepent composition
3 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 13 July 2022
Recipient Composition Delar has to pass only purchase entry without GST , because composition seller will not charge any GST ,
you have to show in GSTR 4 as a inward supply, No question of ITC .
pass entry
Purchase A/c Dr
To Composition Dealer A/c Cr
( purchase from composition Delar)
you have to show in GSTR 4 as a inward supply, No question of ITC .
pass entry
Purchase A/c Dr
To Composition Dealer A/c Cr
( purchase from composition Delar)
ganesh
(proprietor)
(45 Points)
Replied 14 July 2022
RCM applicable on only purchased form unregistered dealer.
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