if a company sells its product at a price less then its purchase price, what are the implication of gst?
whether credit on loss can be reversed ir it cannot be reversed
Menu
gst on loss in sale
Replies (4)
yes you can take refund .
sorry my earlier comments is wrong. u can not take refund but set-off your liability With ITC.
sir you charging GST on sale price not profit or losx
but if my stock ceases, den how can i c/f my itc
Recent Threads
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
Related Threads
CAclubindia
