Purchase return goods for composite scheme dealer

134 views 1 replies
A gst registered composite scheme purchase of 5 percent taxable goods value rs:25,690/-
value rs:18,340/-for the month of February-22 and purchase of goods return to supplier
value rs:5689/-
value rs:2456/-for the month February-22.
question:
dealer above two transactions purchase and purchase returns show in books and gst returns.
Replies (1)
ITC can't be availed on purchase in case of composition scheme.

Only Sale value is relevant


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register