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Migration to Regular from composition scheme, Goods and Services Tax - GST |
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Migration to Regular from composition scheme |
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Dear Expert We are now in composition category in GST. now we want to migrate to Regular category. Whether we can take credit on stock in which GST paid. In case of credit eligible please inform what form need to be filed. Regards Vivekanandhan Sunbeam Generators Pvt Ltd Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
You will have to file an intimation in Form GST CMP-04. ITC shall be allowed on the stock lying before the date of opting out.
Dear Vivekanandhan In addition to CMP -04, u need to file ITC-01 also within 30 days Regards CA Susheel Gupta 8510081001, 9811004443 Page: 1 Old Query - New Comments are closed. |
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