I was a register Dealer under WB VAT act. In 1st Qtr return(2017-18) i have filed and pay the taxes( Output- Input). Now let my closing stock is 525630.00. Can i get ITC on GST or not?
TUHIN SUBHRA MAITI (Tax consultant) (52 Points)
06 October 2017I was a register Dealer under WB VAT act. In 1st Qtr return(2017-18) i have filed and pay the taxes( Output- Input). Now let my closing stock is 525630.00. Can i get ITC on GST or not?
g mahesh Mundra
(Business and tax consultant)
(3293 Points)
Replied 06 October 2017
Manoj Bansal
(155 Points)
Replied 06 October 2017
RAJA P M
("Do the Right Thing...!!!")
(127471 Points)
Replied 06 October 2017
Please see the link... You can get some clarity...
https://cleartax.in/s/gst-itc-transition-provision
Also see the Attachments
g mahesh Mundra
(Business and tax consultant)
(3293 Points)
Replied 06 October 2017
g mahesh Mundra
(Business and tax consultant)
(3293 Points)
Replied 06 October 2017
CAclubindia
