Bullion traders: Intimation of withdrawal from the Composition Scheme requires Form BU 02 with opening stock and input tax details. Intimation of withdrawal from the Composition Scheme for bullion traders must be made on Form BU 02, providing TIN, dealer details, effective date of ... Summary
Bullion traders: Intimation of withdrawal from the Composition Scheme requires Form BU 02 with opening stock and input tax details.
Intimation of withdrawal from the Composition Scheme for bullion traders must be made on Form BU 02, providing TIN, dealer details, effective date of withdrawal or cessation, preceding year turnover, reason for withdrawal, and aggregated input tax on opening stock split between trading stock and packaging material. Part B requires itemised tax invoice details for opening stock and packaging material (invoice date/number, supplier registration/TIN, purchase price, input tax) with annexures if necessary, and signature with a verification declaration.
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