I have purchased goods before GST a month back and later i had applied for GST as in composition scheme in this case how to treat old Goods whether i have to pay reverse charge on the old goods or declare stock and continue the same with 1% Tax.
Note: The goods were purchased on PAN before.
Menu
Goods before registration
Replies (1)
No need to pay in anything in Reverse charge , nor have to declare the stock .
Just charge 1% GST on sale
Just charge 1% GST on sale
Recent Topic
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
Related Topics
CAclubindia
