| Discussions Forum | ||||
Home  Forum Goods and Services Tax - GST This
|
||||
| A Public Forum. Anyone can participate to share knowledge. |
||||
|---|---|---|---|---|
| We acknowledge the contributions of Experts/ Authors. | ||||
Submit new Issue / Query |
||||
composition levy- sale of capital goods, Goods and Services Tax - GST |
||||
|
||||
composition levy- sale of capital goods |
||||
I AM REGISTERED UNDER THE COMPOSITION SCHEME. I HAVE TO SELL SOME CAPITAL GOODS BOUGHT LAST YEAR.. DO I CHARGE GST ON THE SALE OF USED CAPITAL GOODS AND IF YES.. THEN AT WHAT RATE? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
No as the composition dealer cannot collect tax paid
Since you have opted for composition scheme you have to pay the tax and you cannot collect it from other persons and also take credit of the same. Page: 1 Old Query - New Comments are closed. |
||||
