as per latest notification GST cess rate calculation change from 1.4.2023
but what is the effect of old stock?
is old stock charges under old GST regime
or
as per new GST regime?
please guide....
Menu
GST effect after rate changes of pan masala
Replies (5)
As per the new effective law.
There is no new or old gst regime.
There was Notification issued 01/2023 Compensation Cess dtd.31/3/23 which notified new rates for PAN Masala .
So the query is what rate will applicable on his stock after this change in rate.
So the query is what rate will applicable on his stock after this change in rate.
Dear experts,
kindly confirm
as per this notification the GST rate will be MRP based so this means only manufacturer need to pay GST.
and there is no liability on further supply chain like distributors, wholesalers and retailers.
kindly confirm
as per this notification the GST rate will be MRP based so this means only manufacturer need to pay GST.
and there is no liability on further supply chain like distributors, wholesalers and retailers.
New rate will be applicable even either if you have old stocks .
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
