Migration provisions & itc on closing stock
Querist : Anonymous
i am a retailer dealing in iron.( i am not registered under central exise act now.) my purchase invoices contains 5 % vat only. and they dont evidence payment of central exice ( even i dont know whether they suffered cen vat or other duty or not)..now under gst iron fixed at 18% slab. now i will pay 9% of cgst and 9% of sgst from july unde gst..i get sgst input (vat paid ) at 5% on closing stock .then how much of cgst i will get as input on closing stock in obsence of central exice invoice.please discuss.
thanking you
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
