TaxTMI 
TaxTMI 
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
Imports by composition dealer
03 Sep 2018 
1 Reply 
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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. (AI Summary)
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. (AI Summary)
