Maintenance of Stock
This query is : Resolved
sankar ponnan
(Querist)
18 November 2020
SIR
We are GTA, also registered under GST, but not charging any GST in the invoice for the services providing by us. ------- We are buying bio-diesel from Parties for our own use and accounting the transactions perfectly. My doubt is whether the stock of bio-diesel has to be maintained seperately like the manufacturing unit?
guide me plz
thanks in adv
We are GTA, also registered under GST, but not charging any GST in the invoice for the services providing by us. ------- We are buying bio-diesel from Parties for our own use and accounting the transactions perfectly. My doubt is whether the stock of bio-diesel has to be maintained seperately like the manufacturing unit?
guide me plz
thanks in adv
CA R SEETHARAMAN
(Expert)
18 November 2020
As you are not claiming any ITC on it so stock maintenance not required.
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