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.
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.....
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
