Old material deduction
This query is : Resolved
Chandra Singh Mehta
(Querist)
04 August 2020
Old material deduction is done prior to gst calculation or after please suggest
Lekhraj sood
(Expert)
04 August 2020
If you mean to say that deduction of value of old material from the value of new material, then it is to be done after charging the GST on the value of the new item, as per rule 27 of the CGST Rules,2017.
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