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closing stock

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(Querist)
04 August 2017 The stock present as on 30th June 2017 with the business,post gst regime, will be sold with gst rates or vat rates. I mean whether the business will collect vat or gst on outward sale.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 August 2017 GST has to be collected on outward sale.
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md abdullah

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md abdullah (Querist)
04 August 2017 even on the sale of the stock lying as on 30th June 2017



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 August 2017 Yes the sale is on or after 1st July.
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
04 August 2017 after 1st July you need to charge GST if it is not exempt goods. whether it is prior GST or not.

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