Can a composition dealer purchase goods from another composition dealer?

Can a composition dealer purchase goods from another composition dealer?

Asked on June 26, 2017 in Automobile.
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4 Answer(s)

Definitely can purchase –

1. You have to use bill of supply to sale the goods.

2. No ITC will be available to anyone.

3. You have to decide your sale price considering the tax amount which you have to out of your own pocket.

Answered on June 26, 2017.
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No, Because every purchase bill of a composite dealer should have full tax payment.

Answered on June 26, 2017.
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Yes, It is very much possible. when we purchase from another composition dealer he has already paid the tax on it. while selling he will not to charge gst on it.

Answered on June 26, 2017.
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Yes

Answered on June 26, 2017.
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Your Answer

Gen GST