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any one have new gst rates
any one have new gst rates plz send me and I have 1 questions that I received purchase bill in nov @ 28% and in Dec I received same stock @ 18% now I have both stock at which rate I should sale the stock.
Replies (7)
28%
Apply fifo method
Apply fifo method
r u sure sir
It will apply rate at the time of supply whatever the rate at time of receipt.
like if you purchase some taxable goods and at the time of sale it become tax free than there will be no liability of tax.
Means apply tax rate that is applicable at the time of supply and stock will be cleaned up as per fifo method
yes you have pay tax at rate applicable at time of supply not based on purchase gst rate.
thank you sir
sir if you have any act send me
sir if you have any act send me
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