{"id":8739,"date":"2023-02-20T12:31:36","date_gmt":"2023-02-20T12:31:36","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8739"},"modified":"2023-02-20T12:44:56","modified_gmt":"2023-02-20T12:44:56","slug":"cbic-clarified-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","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/cbic-clarified-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\/","title":{"rendered":"CBIC clarified 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"},"content":{"rendered":"<p align=\"justify\">A recent tweet by the Central Board of Indirect Taxes &amp; Customs (CBIC), has clarified that as per the Goods and Services Tax (GST) law, a person registered as a composition taxpayer cannot issue a taxable invoice and can neither collect GST from his customers nor can claim the input tax credit on his purchases.<\/p>\n<div align=\"center\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.klickongstworld.com\/blog\/wp-content\/uploads\/2023\/02\/20-02-2.jpg\" alt=\"\" width=\"400\" height=\"152\" class=\"alignnone size-full wp-image-8748\" srcset=\"https:\/\/www.klickongstworld.com\/blog\/wp-content\/uploads\/2023\/02\/20-02-2.jpg 400w, https:\/\/www.klickongstworld.com\/blog\/wp-content\/uploads\/2023\/02\/20-02-2-300x114.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\n<\/div>\n<p align=\"justify\">The fact as to whether a person is a regular taxpayer or a composition taxpayer can be verified on the GST portal under the &quot;Search Taxpayer&quot; -&gt; &quot;Search by GSTIN\/PAN&#8221; tab under the heading &quot;Taxpayer Type&quot;. The URL for the same is <a href=\"https:\/\/services.gst.gov.in\/services\/searchtp\">https:\/\/services.gst.gov.in\/services\/searchtp<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\/06\/cbic-logo-new-1.jpg<\/p>\n","protected":false},"author":1,"featured_media":7535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8739"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=8739"}],"version-history":[{"count":6,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8739\/revisions"}],"predecessor-version":[{"id":8749,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8739\/revisions\/8749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/7535"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}