Question

Composition scheme gst makes it difficult for beneficiary to sell to larger firms as they are not eligible for input tax credits

Answer 1

Read about GST Composition Scheme in detail with its ... No Input Tax Credit can be claimed by a dealer opting for ... They need to pay tax out of their own pocket.

Answer 2

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If the person is not eligible under composition scheme, tax liability shall be TAX + Interest and penalty which shall be equal to