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composition levy- sale of capital goods

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....omposition levy- sale of capital goods<br> Query (Issue) Started By: - Richa Goyal Dated:- 26-12-2017 Last Reply Date:- 2-1-2018 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>I AM REGISTERED....

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.... UNDER THE COMPOSITION SCHEME. I HAVE TO SELL SOME CAPITAL GOODS BOUGHT LAST YEAR.. DO I CHARGE GST ON THE SALE OF USED CAPITAL GOODS AND IF YES.. THEN AT WHAT RATE? Reply By ANITA BHADRA: The Reply:....

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.... No as the composition dealer cannot collect tax paid Reply By MARIAPPAN GOVINDARAJAN: The Reply: Since you have opted for composition scheme you have to pay the tax and you cannot collect it from....

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.... other persons and also take credit of the same.<br> Discussion Forum - Knowledge Sharing ....

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