A dealer has opted into Composition after migrating into GST.
What about the Input Tax paid on purchases, before opting for Composition?
shiraz ahmed (Student) (225 Points)
17 November 2017A dealer has opted into Composition after migrating into GST.
What about the Input Tax paid on purchases, before opting for Composition?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 November 2017
But.,
Your query is not cleared for Opting to Composition...
It's at the time of or after some days later...?
shiraz ahmed
(Student)
(225 Points)
Replied 17 November 2017
there were some purchases of about 1.20 Lacs which were made by the dealer when he was a Casual Dealer., in Aug-17.
Now, the dealer is under Composition since Oct-17.
What will happen to the Input Tax paid in Aug-17 ?