Textile bill

This query is : Resolved 

19 July 2017 Dear Sir/Madam, I am a textile trader. Should I raise bill for the old stock sold after 1st July. I fear my cost will rise for I have to collect output tax and I have no input tax to set it off since textile business was exempt from any tax earlier. Regards

19 July 2017 yes, you need to do that.
In such cases, price hike seems to be inevitable., because no trader can pay 5% out of his/her own pocket.

19 July 2017 Thank you for your prompt reply Sir.

20 July 2017 you are most welcome.....

20 July 2017 you are most welcome.....

20 July 2017 you are most welcome.....


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