Existing Vat dealer
Sanjeev Bothra (18 Points)
23 July 2017
Existing Vat dealer wants to opt composition scheme.The implication of closing stock.
1 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 23 July 2017
If stock out of inter state purchase then not opt composition.
If purchased from unregistered dealer then tax to be paid on it.
If purchased from unregistered dealer then tax to be paid on it.
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