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    <title>HOW TO RECOVER GST LOSS FOR COMPOSITION GST PAYERS</title>
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    <description>Composition taxpayers with old stock purchased at higher GST rates cannot recover embedded tax from the Government; tax liability is determined by the rate in force at the time of supply. Practical responses include supplier renegotiation, repricing, or shifting to regular taxpayer status to protect input credits. Dealers must charge the applicable rate at supply and address losses through commercial or structural measures, failing which transitional and compliance provisions governing supply obligations may be attracted.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=120483</link>
      <description>Composition taxpayers with old stock purchased at higher GST rates cannot recover embedded tax from the Government; tax liability is determined by the rate in force at the time of supply. Practical responses include supplier renegotiation, repricing, or shifting to regular taxpayer status to protect input credits. Dealers must charge the applicable rate at supply and address losses through commercial or structural measures, failing which transitional and compliance provisions governing supply obligations may be attracted.</description>
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      <law>GST</law>
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