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	Blog Categories All ca (1) GST (10) ICAI (1) INCOME TAX (14) ROC & MCA (1) GST UPDATE Category: GST, Posted on: 21/02/2023 , Posted By: SOHRABH JINDAL Visitor Count:207 CBIC Clarifies that Composition Taxpayers cannot Issue Taxable Invoice or Collect GST from Customers and Claim ITC CBIC has clarified that a person registered as composition taxpayer cannot issue taxable invoice and can neither collect GST from his customers nor can claim ITC on his purchases. The clarification was a response to a viral video where a restaurant was manipulating the customers despite being a composition taxpayer under the Goods and Services Tax (GST) law. Responding to the video shared by Infosys former Director Mohandas Pai- the CBIC clarified that the composition taxpayer cannot issue taxable invoice. As per GST law a person registered as composition taxpayer cannot issue taxable invoice and can neither collect GST from his customers nor can claim input tax credit on his purchases. The fact as to whether a person is a regular taxpayer or a composition taxpayer can be verified on the GST portal under Search Taxpayer. the CBIC clarified through its official twitter handle. Disclaimer: The content of the blog does not create any responsibility of the firm / its authorized persons whose website is being accessed. The blog is not for legal use. Kindly verify the correctness of data/contents from your own sources. This is only for information purpose. To Activate comments you need to provide details for google authentication and facebook authentication

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