we have stock of Rs. 1 Lakh on appointed day of jewellery and stock pertains to URD purchase made during the year,
can we take transition input of 40% on stock on appointed day
No.......... if input VAT not paid
manish jain (nothing) (67 Points)
20 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160760 Points)
Replied 22 June 2017
No.......... if input VAT not paid
CAclubindia
