inter state supplies
Kothamasu Murali (Article student) (86 Points)
30 June 2017
I purchased from Tamil nadu and I sell all the goods in my home state.is iam eligible for composition scheme
Kothamasu Murali (Article student) (86 Points)
30 June 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 30 June 2017
Yes you are eligible.
Kothamasu Murali
(Article student)
(86 Points)
Replied 30 June 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 30 June 2017
It is clearly mentioned in the act/rules that if a dealer is opting for composition scheme is restricted to make interstate supply. But there is no such restriction on purchase.
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 30 June 2017
Also at the time of opting for composition scheme, your stock must not have centrally purchased material.But after opting you can purchase from other states.
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