Denial of composition Scheme

Mahesh Totala (Practicing Chartered Accountant)   (25 Points)

17 January 2022  
as no time limit for denial of composition Scheme rule 6(4),.is regular tax without ITC is payable or there any method for ITC. ITC 01 is there for stock on date of denial but what about purchases made during the period under composition(now denied)
thanks in advance