Menu
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
Recent Threads
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
Related Threads
CAclubindia
