Stock detail.

This query is : Open

Chetan (Querist)
Follow

02 September 2017 Dear Experts,

I Wanna To Confirm That, Is There Stock Detail Compulsory For Below 1.5 Cr In GSTR 1 Form ?
Thank You.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

02 September 2017 Yes you have to give details of all your outward supplies in GSTR1. No such exemption.

Message likes : 1 times

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

02 September 2017 No need to give stock details in GSTR-1.

Message likes : 1 times

Chetan

Chetan (Querist)
Follow

03 September 2017 Still There Is Little Bit Confusion About.. Sanjay Sir Says That Have to Give Detail n Roshmi Mam Says No Need to Give...I Should I do Now.. please in Which Circumstances to Give N Not To Give... Thanks

RAJA P M

RAJA P M (Expert)
Follow

03 September 2017 In my view, Both experts are correct.... @Chetan., You can enter the Sales based qty wise details in GSTR 1. Also calculated the Stock outward details... Also GSTR 2 is your inward supplies it brings inward details... So, Stock ll be automatically counted..... You don't show the stock details anywhere in GSTR 1. So, don't be enter stock details in GSTR 1.....

Message likes : 1 times

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

03 September 2017 Correctly pointed out by Raja Ji.... Chetan your question was little confusing... There is no place for stock details in GSTR1 but you have to give details of outward supplies invoice wise and HSN code summary of outward supplies...

Message likes : 1 times

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