ITC on composite tax
Narasimhan (CEO) (30 Points)
13 June 2017
whether its credit can be had on composition tax.
Narasimhan (CEO) (30 Points)
13 June 2017
CS Nisha Nishit
(Practicing Company Secretary)
(326 Points)
Replied 13 June 2017
ITC would not be available under Composition Levy.
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 13 June 2017
No sir a Composite dealer cannot avail ITC. All the tax paid on input is its cost
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
