Registration

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b.com
40 Points Joined November 2011

i purchase from outside state and i pays freight charges then RCM is applicable to me can i then also opt for composition?

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On 12 July 2017 at 00:12 Report
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Chartered Accountant
86505 Points Joined April 2011
Opt for composition.
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On 12 July 2017 at 00:27
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Business
276 Points Joined July 2017
Yes, you can opt for composition scheme. But following things kept in mind.

1. How much portion of your sale is of taxable goods and exempted goods becoz you have to pay tax on total turnover.
2. Non availability of ITC
3. Maintenance of inward and outward supply, stock (not in detail).

Everyone who wants to join composition scheme must do there cost benefit analysis before opting the scheme.
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On 12 July 2017 at 00:35
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b.com
40 Points Joined November 2011
i m going for fresh registration and my opening stock includes interstate purchase and before no tax was levyed then also can i opt for composition
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On 12 July 2017 at 00:40
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Chartered Accountant
86505 Points Joined April 2011
No ypu can't opt for composition as per Rule 3(b) of Composition Rules.
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On 12 July 2017 at 00:44
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
(i m going for fresh registration and my opening stock includes interstate purchase and before no tax was levyed then also can i opt for composition)
How you to Going fresh registration with Stock (inter State purchases). If inter State stock available only exciting tax registrant only. Then how you get inter State Stock...? or If have Intr stck then how you get fresh REG. it's only for migrated....
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On 12 July 2017 at 01:00
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b.com
40 Points Joined November 2011
sir i m a cloth merchant, befor gst no tax was leved and i always had interstate purchade
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On 12 July 2017 at 01:19
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Self Employed
74 Points Joined February 2009
you can not opt composition scheme. If u have stock purchased from inter state before 1st july, 2017 and transit to GST regime then you would not able to opt composition.
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On 12 July 2017 at 07:31
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1518 Points Joined March 2017
For inter state supply registration is mandatory
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On 12 July 2017 at 11:31
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Chartered Accountant
86505 Points Joined April 2011
Yes if you engaged in inter state supply you have to compulsorily get registered in GST.
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On 12 July 2017 at 20:55
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CA final Student
46 Points Joined May 2011
Whethet registration is required if I am purchasing from other state and making intra state sale...my turnover is below the exemption limit...I am a retailer.
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On 12 July 2017 at 22:10
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Chartered Accountant
86505 Points Joined April 2011
You have to compulsorily get register if you are engaged in interstate supply
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On 13 July 2017 at 00:02
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Business
276 Points Joined July 2017

No need to take registration in GST, if your doing intra state supply and turnover is below threshold limit, irrespective of the fact that you are purchasing from outside state.

However if you are engage in interstate supply then you have to take compulsory registration as per sec 24 of CGST Act.

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On 13 July 2017 at 01:19
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CA final Student
46 Points Joined May 2011
Thanku so much Mr. Rounak
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On 13 July 2017 at 20:02
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CA final Student
46 Points Joined May 2011
Rashmi mam...I m not engaged in inter state supply...my purchases are inter state but my sale is intra state.
1 Reply
On 13 July 2017 at 20:07


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