composition scheme

24 July 2017

if composition dealer purchase goods from normal tax payer by paying tax say 18%. is the composition dealer eligible for ITC

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3 Replies

Praveen (Consultant) (151 Points)
Replied 24 July 2017

No, compositoin dealer is not allowed to avail input tax credit of gst paid to their supplier

Mohit Batra (CS Professional Passed) (101 Points)
Replied 24 July 2017

As composition dealer is not required to charge GST in his invoice he is not eligible to claim for input tax credit

sukanya suku (16 Points)
Replied 24 July 2017

while purchasing goods gst is charged

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