https://www.taxtmi.com/forum/issue?id=113763 A composition dealer cannot take input tax credit while under the scheme; upon withdrawal or threshold breach the option lapses and the dealer may claim input tax credit on inputs, inputs contained in semi finished or finished goods, and on capital goods held on the date of withdrawal by filing the prescribed transition statement detailing such stock within the limited statutory period. en-us Tue, 22 May 2018 14:10:43 +0530 Thu, 23 Jan 2025 15:55:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113763 A composition dealer cannot take input tax credit while under the scheme; upon withdrawal or threshold breach the option lapses and the dealer may claim input tax credit on inputs, inputs contained in semi finished or finished goods, and on capital goods held on the date of withdrawal by filing the prescribed transition statement detailing such stock within the limited statutory period. Discussion-Forum GST Tue, 22 May 2018 14:10:43 +0530 https://www.taxtmi.com/forum/issue?id=113763