sir,
please clear doubt.
if any vat dealar utilized all his. I T C in vat .
Now he want to pay gst under cimpostion scheme
Is he requiered to pay amount. equal to vat( on closing stock 30.6.17)
or turnover tax 1 percant
Menu
about closing stock 30.6.17
Replies (2)
For traders 1% of turnover has to pay and treated as expenses
sir
all input on that closing stock used. output-input
all input on that closing stock used. output-input
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