Mr. B, a registered taxable person was paying tax under composition rate up to 30th July, 2017. However, w.e.f 31st July, 2017. Mr. B becomes liable to pay tax under the regular scheme. Is he eligible for ITC?
and what about held inventory?
Priya Kashyap (Student) (7053 Points)
26 February 2019
CA.Pankaj Rawat
(Chartered Accountant)
(1381 Points)
Replied 26 February 2019
pritesh
(CA Final student)
(7101 Points)
Replied 26 February 2019
CAclubindia
