Stock Before Gst

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252 Points Posted on 28 June 2020
Dear sir Mera gst me registration se pahle ten lack ka stock hai to ab mai gst me registerd hone ke baad us stock ko kaise manage aur ek number ka kar paunga please give me correct solutions
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On 28 June 2020 at 23:29 Report
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Quick Summary
If you've registered for GST and had stock before your registration date, you don't need to worry excessively. Your existing stock will be treated as your opening stock. You'll need to declare this old stock as part of your opening balance for the current financial year. Be aware that unregistered purchases may attract tax under section 17(5).

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GST Practitioner
55067 Points Posted on 29 June 2020
Aap ko manage karmey ki jarrut Nahi hai sirf sale per GST JAMA karana hai aur GST no. lenay sey phelay Ka stock aap Ka opening stock treat Hoga .
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On 29 June 2020 at 01:13
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252 Points Posted on 29 June 2020
Jo purana stock hai usko is financial year ke opening balance me daalna hoga kya sir but wo to unregistered purchse ka hai
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On 29 June 2020 at 08:22
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4215 Points Posted on 29 June 2020
It attracts tax under section 17 (5)
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On 29 June 2020 at 08:28

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