Regarding ITC on stock held
Query (Issue) Started By: – m Bhagat Dated:- 22-5-2018 Last Reply Date:- 24-5-2018 Goods and Services Tax – GST
Got 1 Reply
GST
R/S
One dealer taken Reg. on Composition from 18/08/2017 and he withdraw ,composition from 01.04.2018 onwords. can he get inputs held in stock before 01.04.2018. if yes than which return fillied either ITC1/2/3 and what is last date for it.
Reply By YAGAY and SUN:
The Reply:
Frequently Asked Questions on Composition Levy
Q 6. A person availing composition scheme during a financial year crosses the turnover of ₹ 75 lakhs/50 lakhs during the course of the year i.e. say he crosses the turnover of ₹ 75 lakhs/50 lakhs in December? Will he be allowed to pay tax und
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