Does person opting for composition scheme is required to file stock Statement as on appointed day

Does person opting for composition scheme is required to file stock Statement as on appointed day. The product was exempt in current regime.

Add Comment
2 Answer(s)

No. Input tax credit is not available to Composite dealer. Basic intention for uploading stock statement is to avail unclaim input tax credit

Answered on June 27, 2017.
Add Comment

No not mandatory

Answered on June 28, 2017.
Add Comment

Your Answer

Gen GST