Closing stock valuation for gst rollout

21402 views 22 replies
Excise duty on Cotton Fabrics?? There is no excise on Fabrics whether Cotton or Synthetic. Excise is on Garments.
Replies (22)
Excise duty on Cotton Fabrics?? There is no excise on Fabrics whether Cotton or Synthetic. Excise is on Garments.

We are manufacturer of Desiccated Coconut Flakes please help us to know the GST rate for Desiccated Coconut Flakes and Powder.

Mail me complete literature of your product

Manufacturer of Desiccatted Coconut Flakes and Desiccatted Coconut Powder now the vat rate is 2% in GST which rate is fixed to our product.

We do not add any artificial flavour or anything it is just Coconut Flakes and powder.

 

@ Mahesh B GST Rate 5%
Dear Sir, we are retailers of Tax exempted goods before GST after GST our goods comes under 5% category, My question is whether We have to charge Tax for stock before GST or not

I WOULD LIKE TO KNOW ABOUT TRADING CLOSING STOCK ON 30.06.2017

TAX PAID ON PURCHASE @ 13.5%

NOW FALLING UNDER @ 28% SLAB WATCH SPARE PARTS

AM I ELIGIBLE FOR ANY TYPE OF CREDIT IN FUTURE TAX PAYMENT

Dear Sir/Madam I am Small Scale Manufacturer of Auto Parts. Now in Current tax regime, GST is 28%. And i am registered with VAT only in old tax regime. Invoices of stock lying with us are also non-exciseable. I just want to know that how would i get credit of Excise and how many %. And if yes then what are the procedures Thanks


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register