GST composition scheme : manufacturer need not maintain Input Tax Credit Details

By | July 20, 2017
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(Last Updated On: July 20, 2017)

Question : Does a manufacturer under the composition scheme needs to maintain account of inputs tax credit?

Answer: A manufacturer under the composition scheme need not maintain account of input tax, input tax credit claimed etc. as he is neither allowed to avail of input tax credit nor can he issue an invoice showing tax using which buyer can avail input tax credit.

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