Urgent query for composition scheme

RAKSHIT MEHTA (tax consultant) (114 Points)

09 July 2017  

IF A PERSON IS UNDER NORMAL SCHEME UNDER CURRENT REGIME WANTS TO OPT FOR PAYMENT OF TAX UNDER COMPOSITION SCHEME IN GST REGIME, HELDS STOCK ON WHICH ALL INPUT TAX HAS BEEN CLAIMED, WHAT WOULD BE THE TRANSACTIONAL PROVISIONAL FOR OPTING COMPOSITION SCHEME ??