Available stock after gst is levied

This query is : Resolved 

11 June 2017 What is to be done with the closing stock on 30th june at a shop because from the next day Gst comes to role and that same stock will be taxable under gst

11 June 2017 Sales from 1st July is attract the GST, Input credit on the stock available as on 30th June can be taken as credit against GST payable from 1st July subject to some procedures and conditions


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query