Vat registered dealer having stock in trade purchased from registered dealer but do not have ITC c/f, now he can avail composition scheme?

Vat registered dealer having stock in trade purchased from registered dealer but do not have ITC c/f, now he can avail composition scheme and whether he has to pay tax or ITC reverse on stock

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He can opt for composition scheme and not supposed to pay any reverse charge tax.

Answered on July 13, 2017.
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Gen GST