TMI Blogcomposition dealer u/s 10X X X X Extracts X X X X X X X X Extracts X X X X ..... composition dealer u/s 10 X X X X Extracts X X X X X X X X Extracts X X X X ..... ealer 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: Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ere 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: You are correct sir Reply By K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ishan 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 deale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Reply By MARIAPPAN GOVINDARAJAN: The Reply: A person opting for composition levy can purchase goods from another person opting composition levy. There is no effect in the hand of recipient of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oods or service under reverse charge.
Reply By vk agarwal:
The Reply:
agree with Mr Govindarajan
Reply By subramanian vijayakumar:
The Reply:
Yes it has no impact both. Could not take itc X X X X Extracts X X X X X X X X Extracts X X X X ..... cussion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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