GST composition scheme : No Input Tax Credit on inward supplies

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

Question : Can a person who has opted to pay tax under the composition scheme avail Input Tax Credit on his inward supplies?

Answer: No, a taxable person opting to pay tax under the composition scheme is out of the credit chain. He cannot take input tax credit on the supplies received.

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