Can a person who has opted to pay tax under the Composition Scheme avail Input Tax Credit on his inward supplies?
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2019
Can a person who has opted to pay tax under the Composition Scheme avail Input Tax Credit on his inward supplies?
Answer & Explanation:
No, as per section 10(4) of CGST Act, 2017 person opting to pay tax under the composition scheme cannot avail credit on his inward supplies.
Topics: CGST Act, 2017
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