how to deal in Trading when purchase form Composite scheme dealer

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..... how to deal in Trading when purchase form Composite scheme dealer
Query (Issue) Started By: - RameshBabu Kari Dated:- 28-8-2017 Last Reply Date:- 28-8-2017 Goods and Services Tax - GST
Got 2 Re .....

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..... plies
GST
Dear Experts, how to deal in Trading when purchase form Composite scheme dealer ? Shall we collect tax on sale of particular products which were bought from Composite scheme dealer ? .....

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..... Reply By Himansu Sekhar: The Reply: Yes, you have no scope to take ITC. Every supply under sec 7 with a consideration subject to sch. I and Ii should be chargeable to gst. Reply By KASTURI SETHI: T .....

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..... he Reply: Purchases made from Composition dealer are not GST paid goods but are exempted goods. Am amount of 1 % or 2 % paid by the Composition dealer is not GST but an amount to be paid by Compositi .....

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..... on dealer from his own pocket.
Discussion Forum - Knowledge Sharing .....

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