banner_ad

closing stock

This query is : Resolved 
Profile Image

Profile Image

(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.
Profile Image

CA R SEETHARAMAN

Profile Image

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

md abdullah

Profile Image

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

CA R SEETHARAMAN

Profile Image

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

CA Prashant Gupta

Profile Image

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

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details