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Gst input query composition dealer

19 November 2021

i purchase product from unregistered dealers .so i have no inputs.now i want to register in gst.if i opt for composition scheme will registered dealers have any issue for purchasing from me?

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3 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14805 Points)
Replied 19 November 2021

No issue , Composition Dealer will be issue Bill of supply to registered dealer , No question of Input Tax credit for registered Dealer , But he has show in GSTR 1 and GSTR3B .

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 19 November 2021

On your sales you will not be charging GST from buyer and therefore they will not have any ITC. You will have to pay GST from your own pocket. AS such the buyer won't be having any issue.