Tag Archives: Rule 3 GST Composition Rules

Remove condition of not having Imported goods stocks under Rule 3 Composition Rule – ICAI – GST Rules Issue 29

By | May 11, 2017

Condition of not having stocks of Imported goods As per rule 3(1)(b) of draft GST Composition Rules a composition dealer is required to comply with following condition: – The goods held in stock by him on the appointed day have not been purchased in the course of inter-State trade or commerce or imported from a… Read More »

Simplify restrictions for Composition Levy under Rule 3 of GST Composition : ICAI – GST Rules Issue 28

By | May 11, 2017

Conditions & Restrictions for Composition Levy Rule 3 of draft GST Composition Rules deals with Conditions and Restrictions for composition levy. Rule 3(1)(b), (c), (d) & (g) thereof requires a person opting for composition scheme to comply with the following conditions:   b) …………………. c) the goods held in stock by him have not been… Read More »