Easy Office
LCI Learning

Is unsold stock of inventory taxable under gst?

This query is : Resolved 

11 June 2018 Is unsold stock of goods held with dealer for the sale to distributors is taxable under gst even though they were held as stock in hand? If so, kindly guide me the procedure for such treatment?

11 June 2018 Supply from Manufacturing unit to dealer is a primary sale on which GST apply. Stock held by such dealer is not liable to GST, since there is no supply.

12 June 2018 thank you sir for your quick reply






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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries