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GST on balance stock
I have stock of let say Rs 100000 on which I have paid vat @ 12% I. E. 12000 (on which I have availed input earlier) now do I have to pay Rs. 16000 more in GST I. E (28%-12%) if yes how can I avoid the same...???
Replies (1)
if you take input credit in earlier months then you pay gst at the time of supply of goods
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