Sir I was in composition but now I am doing business in regular.. can I claim Input Credit for those purchases made during my Composition scheme ???
plz clarify.. Also provide the rule link..
Thank you..
In composition scheme no way for claim ITC. Also if Your activities based in regular dealer then it's penalized under GST.
So, Better to Convert Your Gstin from composition to regular and avail the ITC from purchases...
CAclubindia
