Gst on existing stock?

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Student
1374 Points Posted on 12 June 2017
How much input can be taken? Please share details.
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On 12 June 2017 at 12:18 Report
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Asst Mgr-Taxation
6918 Points Posted on 12 June 2017

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 

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On 12 June 2017 at 13:02
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Student
1374 Points Posted on 12 June 2017
Okay sir, thank you!
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On 12 June 2017 at 13:04

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