Imports by composition dealer

[nagendra v]

For Regular dealer IGST will pay under reverse charge and he will avail input for next month, in case composition dealer what should be happen ?

Thank you

[DR.MARIAPPAN GOVINDARAJAN]

For composition dealer no input tax credit can be availed.

AI Summary

Input tax credit entitlement: composition dealers cannot claim ITC, unlike regular dealers who may avail credit under reverse charge. A composition-scheme dealer importing goods is not entitled to claim input tax credit; by contrast a regular dealer paying IGST under the reverse charge mechanism may avail input tax credit in the subsequent tax period.