https://www.taxtmi.com/notifications?id=120817 Under GST pharmaceutical dealers must register if aggregate turnover exceeds the threshold or in specified categories; the turnover of medicines counts toward composition scheme eligibility. Composition filers must submit FORM GST CMP-02, cannot collect tax or claim ITC, and are subject to prescribed composition rates and disqualifications for interstate stock. Transitional ITC allows 100% credit with duty-paid documents or a reduced prescribed credit on furnishing stock details in FORM GST TRAN-1, subject to conditions and safeguards. en-us Sat, 15 Jul 2017 00:00:00 +0530 Tue, 07 Nov 2017 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120817 Under GST pharmaceutical dealers must register if aggregate turnover exceeds the threshold or in specified categories; the turnover of medicines counts toward composition scheme eligibility. Composition filers must submit FORM GST CMP-02, cannot collect tax or claim ITC, and are subject to prescribed composition rates and disqualifications for interstate stock. Transitional ITC allows 100% credit with duty-paid documents or a reduced prescribed credit on furnishing stock details in FORM GST TRAN-1, subject to conditions and safeguards. Notifications GST - States Sat, 15 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120817