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Composition tax related
Acomposition tax payer is paying tax out of his pocket. No input is claiming. Then why gst Department need the complete deatails of unregister /registered, Intra /inter sales transaction details. pls help
Replies (4)
From this department comes to know about how much sales you made
Composition dealer is not allowed to inter state sales under section 10
Once the Composite dealer crosses the threshold limit, the composition scheme shall lapse and it will then operate like a regular taxpayer.
Dear Vijeesh.
1The Composition dealer cannot supply Interstate.
2. The composition dealer is required to file CMP 08 Qtly return & therein only total outward supply including Exempted supply & Inward supply attracts RCM need to provide.
So only outward supply & inward supply on which RCM is applicable need to be provided as consolidated figure.
1The Composition dealer cannot supply Interstate.
2. The composition dealer is required to file CMP 08 Qtly return & therein only total outward supply including Exempted supply & Inward supply attracts RCM need to provide.
So only outward supply & inward supply on which RCM is applicable need to be provided as consolidated figure.
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