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)
Quick Summary
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 Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
