ITC on composite tax
Narasimhan (CEO) (30 Points)
13 June 2017
whether its credit can be had on composition tax.
2 Replies
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
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