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REGARDING CLOSING STOCK VALUATION


Dear sir / Madam

In profit and loss account the closing stock value gst can be added or not because in profit and loss account sales and purchase we are taking without gst value some one says without gst and some says we have to add gst please clarify

For Exp In Automobiles and manfufacturing industries huge stock items are there some goods are ded stock some stock are movable, some slow moving items in the year end it is very difficult to find in remaining stock gst added or not. because previous year closing stock gst added please clarify sir




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