Closing stock
suman (accountant) (82 Points)
20 June 2017please provide the format of closing stock. and explain the treatment of the same
suman (accountant) (82 Points)
20 June 2017
Lalit Nagpal
(Assistant Manager)
(541 Points)
Replied 20 June 2017
Under GST you can not claim ITC on stock purchased >12 months ago. But it doesnt mean you can not sale it you can sale but can not claim ITC.
suman
(accountant)
(82 Points)
Replied 20 June 2017
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