While opting composition scheme, is the dealer has to pay back the inputs?

While opting composition scheme is the dealer has to pay back the inputs already claimed on the stocks lying with him.

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2 Answer(s)

No need to payback your input.

Answered on July 16, 2017.
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Yes you have to pay the ITC on clossing stock.

Answered on July 16, 2017.
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Your Answer

Gen GST