A pharmaceuticals retailer who is purchased goods from wholesaler and sale to consumer. He purchased the goods from wholesaler and paid the tax on MRP to the wholesaler and sales the goods under tax paid items.
After implementation of GST on 1st July 2017 what is closing stock (30th June ) for tax paid goods, is he liable to pay again tax under GST Act. or its exempted. or is there any time limit for transition goods under tax paid goods.
CAclubindia
