Sir,
Is Reverse Charge is applicable on Composition seller to Composition Buyers or nothing will be charged from Buyer.
6 Replies
Hamza Ansari
(Accountant)
(217 Points)
Replied 26 August 2017
No GST will be charged on purchase or sale.
Yash Goyal
(Accountant Businessmen)
(209 Points)
Replied 26 August 2017
But if Regular Taxpayer buys from Composition seller, then regular taxpayer will charge reverse charge ?
Dixit
(CA Final)
(2405 Points)
Replied 26 August 2017
| Originally posted by : Yash Goyal | ||
 |
But if Regular Taxpayer buys from Composition seller, then regular taxpayer will charge reverse charge ? |  |
No reverse charge is not applicable if regular taxpayer buys good or services from composition seller.
Yash Goyal
(Accountant Businessmen)
(209 Points)
Replied 26 August 2017
What if provisional taxpayer moves to composition scheme, then what about old stock tax payment. Is they have to pay the amount of tax held on stock as on 30.06.17
Yash Goyal
(Accountant Businessmen)
(209 Points)
Replied 26 August 2017
What if provisional taxpayer moves to composition scheme, then what about old stock tax payment. Is they have to pay the amount of tax held on stock as on 30.06.17
Hamza Ansari
(Accountant)
(217 Points)
Replied 26 August 2017
Taxpayer cannot move or canel the GST number. now he has to follw the same as a taxpayer
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