banner_ad

purchase of composite dealer

366 views 3 replies
sir/madam
can a comppsite dealer purchase goods like kiryana items from other state or ut and sell them in the state where he is registered. .say if i am kiryana shop keeper under composite scheme then can i buy items from a registered or unregistered dealer from chandigarh
(union terretory)and again sell them in mohali (punjab) where i am registered to earn profit and what liability or loss i need to bear...pls explain as this is very urgent for my bissiness...thanks
Replies (3)

Yes,a composite dealer can purchase from other states.

Better to buy from regd person, if you buy from unregd, you will have to pay GST under RCM, if value for a day exceeds 5000/-.

and can i sell them in my registered state

Yes you can sell in local but not in inter state.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details