I m a registered dealer. if I purchased good from unregistered / composition scheme registered dealer and sale via tax invoice thn what will be tax/itc scenario for me.????
I think u can't take benefit of input tax credit and u have to pay full gst of your sale. for example:- any product u buy R's.90. and gst on the product is18% and your margin is R's 10. then your tax invoice total value will b rs118. ur gst liability will b R's 18. as per my knowledge I explain u if I m wrong please tell me.