stock of outside state purchase

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I am opting. for composition scheme what about the stock which I had purchase from outside state
Replies (4)

IF YOU HAVE INTER STATE TRANSCTION , YOU CANT OPT COMPOSITION SHCEME

IF YOU HAVE INTER STATE TRANSCTION , YOU CANT OPT COMPOSITION SHCEME
 

yes..

But any one tell me the reason behind such debar..

sir I want to know what is the way for that stock which I am holding on30th June if I opt for composition

If you go by rules then you have to sell it off and then go for composition.


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