ITC FOR COMPOSITION PERSONS
CA Arun Gupta (CA) (173 Points)
17 June 2017CA Arun Gupta (CA) (173 Points)
17 June 2017
CA Arun Gupta
(CA)
(173 Points)
Replied 17 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 17 June 2017
No, itc is not allowed for composit dealer. It will be added to its purchase cost.
Lalit Nagpal
(Assistant Manager)
(541 Points)
Replied 17 June 2017
No ITC will be available to composite dealer for tax paid under RCM.
CA Arun Gupta
(CA)
(173 Points)
Replied 17 June 2017