Stock in hand on 30/06/2017
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2017
I HAVE BUSINESS OF KRISHI UPAJ MANDI TRADING OF AANAJ AND STOCK IN HAND 30/06/2017 AMOUNT OF RS 20 LACS WHICH IS TAXABLE @ 3% IN VAT BUT AFTER APPLICABLE OF GST TAX RATE CHANGES BY 5% THAN HOW TO TAKE CREDIT ON THAT STOCK AND ADJUSTMENT ?
03 August 2017
To take credit on stock.
Eqvery registered person entitled to take credit of input tax under section 140 shall, within
ninety days of the appointed day, submit a declaration electronically in FORM GST TRAN-
1, duly signed, on the Common Portal specifying therein, separately, the amount of input tax
credit to which he is entitled under the provisions of the said section:
Eqvery registered person entitled to take credit of input tax under section 140 shall, within
ninety days of the appointed day, submit a declaration electronically in FORM GST TRAN-
1, duly signed, on the Common Portal specifying therein, separately, the amount of input tax
credit to which he is entitled under the provisions of the said section:
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2017
dear sir, i agree with u but tax rate has been changed by 3 % to 5% than what treatment in gst
03 August 2017
Take credit of whatever tax is paid and charge applicable GST on sales.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9- ITC
- RCM on GTA Services
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- Regarding Appointment of auditor in case of casual vacancy
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- For sale of shares of a private limited company, what is process cost and time for demat of shares
- Regarding TDS not deducted on rent
- Section 194I not showing in TDS RPU for Compnay Assessee for TDS on rent
- New change in GST rate
- Regarding Advance ITT and Advance ICITSS
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
CAclubindia
