Silver in GST return-unit (Qty) issue)

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538 Points Posted on 19 May 2024
Dear Sir I purchased silver in Gram but I sold it as pcs after making with stone. I also filed GST-1 as pcs(unit), pls. any legal issues.
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On 19 May 2024 at 10:20 Report
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Quick Summary
This discussion addresses a query about potential legal issues when selling silver by the piece (after adding stones) when it was initially purchased in grams. The consensus is that there are no legal problems as long as a proper stock register is maintained, accurately reflecting inward and outward movements of goods, including raw material consumption and finished product creation.

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"Do the Right Thing...!!!"
128162 Points Posted on 19 May 2024
No issues...
It's Your business, thats all...

Keep stock register as per Your inwards and outwards...
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On 19 May 2024 at 10:46
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538 Points Posted on 19 May 2024
Thanks Raja PM
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On 19 May 2024 at 19:39
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Practising CA
8954 Points Posted on 26 May 2024
Maintain stock register with details of Raw material consumption and production of finished goods.

agree with Raja P M sir
2 Reply
On 26 May 2024 at 15:46

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