Existing composite dealer in state/center law has to pay towards tax on supplies of unregistered persons on closing stock as on appointment day 1.7.17 in gst?

Existing composite dealer in state/center law has to pay towards tax on supplies of unregistered persons on closing stock as on appointment day 1.7.17 in gst?

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Yes, tax will be paid under reverse charge mechanism since RCM is also applicable on purchases by composition dealer.

Answered on July 5, 2017.
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Gen GST