Tax treatment of unstock after expiry of 60 days

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Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2017 what will be tax Regime on Unsold Stock after Expiry of 60 days from 1 July 2017.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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08 July 2017 No ITC available in respect of such goods if any.

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2017 toh Kya Stock Owner ko Iss Unsold skock pr Tax payment krna padega. ??

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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09 July 2017 No need to deposit tax but no ITC available in respect of that goods.

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2017 OK...thank you

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 July 2017 Welcome........

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Tax treatment of unstock after expiry of 60 days

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