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composition dealer u/s 10

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..... whether composition dealer can purchase goods from another composition dealer or not. if yes what will be the effect of that transaction in the hand of recepient composition dealer? - Reply By KASTURI SETHI - The Reply = There is no such restriction. Restriction is regarding inter State sale.No adverse effect. Both buyer and seller cannot take ITC. - Reply By HimansuSekhar Sha - The Reply = Yo .....

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..... u are correct sir - Reply By Kishan Barai - The Reply = Yes a Composition Scheme Dealer enjoy buying from another dealer but under reverse charge mechanism if goods purchase value is 5000 on per day basis from that particular dealer - Reply By MARIAPPAN GOVINDARAJAN - The Reply = A person opting for composition levy can purchase goods from another person opting composition levy. There is no e .....

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..... ffect in the hand of recipient of the person opting for composition levy. - Reply By Ganeshan Kalyani - The Reply = In my view if a composition dealer purchases from another composition dealer, then there is tax to be paid by recipient of goods or service under reverse charge. - Reply By vk agarwal - The Reply = agree with Mr Govindarajan - Reply By subramanian vijayakumar - The Reply = Yes .....

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..... it has no impact both. Could not take itc - composition dealer u/s 10 - Query Started By: - TAHIRALI PITHAWALA Dated:- 20-7-2017 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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