Input tax credit: persons registered under the composition scheme are not eligible to claim credit under GST. Registered persons under the composition scheme are not entitled to claim input tax credit; enrollment in the scheme disqualifies a registrant from ... Summary
Input tax credit: persons registered under the composition scheme are not eligible to claim credit under GST.
Registered persons under the composition scheme are not entitled to claim input tax credit; enrollment in the scheme disqualifies a registrant from claiming credits on inputs or input services against their tax liability.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.