input tax credit
Dhana Sai (244 Points)
04 May 2018
our composition dealer is converted into regular ,and he have closing stock ,can he claim input on his closing stock
3 Replies
Jagdish Akbari
(Tax Consultant)
(189 Points)
Replied 04 May 2018
yes file ITC 01 to claim ITC of stock
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 04 May 2018
yes u can avail itc on stock , file ITC 01 on the portal
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 05 May 2018
Yes... You can avail the ITC benefits for the the Closing Stock.
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