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Gst on existing stock?
How much input can be taken? Please share details.
Replies (2)
I am not clear about WIP and FG Stocks
But for Rawmaterials and Consumables since GST to be implemented on 1.7.2017 the date of Invoice of supplier eligible for credits should be from 1.6.2016 in other words 12 months purchased stocks are eligible for Input credit
Okay sir, thank you!
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