Is Migration from cst vat to composition gst?
I am a cst vat registered dealer & purchase goods from outside state too but i sale in within state .
So in composition scheme there is a rule that a composition dealer can sale within state but can puchase out side state too .
So can you please tell me can a cst vat registered dealer migrate to composition scheme in gst as the limit is below 7500000/- & if available can a dealer migrate now in july month ?
Please reply
Respected Sir,
Composition Scheme under GST cannot be opted if there is any Inter state outward supplies.
Yes, one can opt from VAT (old reg) to new composition scheme
Yes, Registration for Composition scheme is available in month of july as the window is open at gst official site.
Regards
Shrey