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TMI BlogComposition levy - purchases for both inter and intraX X X X Extracts X X X X X X X X Extracts X X X X ..... Composition levy - purchases for both inter and intra X X X X Extracts X X X X X X X X Extracts X X X X ..... r>Dear experts, Under Composition levy, person registered under this scheme, while on purchase of goods/services, does he need to pay the CGST and SGST or IGST ? if so, it will be cost to him, in suc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h case,he consider to those taxes also as cost and price of the product will be fixed on cost + gst ? and also can he make purchase of inter state and making intra state sale ? For making inter state ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... purchase and intra state sale, can he eligible to take gst registration under Composition levy. ? Reply By KASTURI SETHI: The Reply: Yes. He will pay CGST and SGST or IGST. But no ITC. No restricti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on on purchase. Restriction is on inter State sale.For inter State sale registration is must whether under Composition or not. If anyone is engaged in inter State sale, that person is denied threshold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exemption. Otherwise also a person who opts for composition scheme, he will pay GST from Re one.
Reply By HimansuSekhar Sha:
The Reply:
He can make interstate purchase, but not interstate sale. X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion 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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