Stock Before Gst Registration

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252 Points Posted on 28 June 2020
Dear sir mera bussines Gst se pehle tha aur mere paas Ten lack ka stock aur Mai Gst me registerd hone ke baad us stock ko sahi tarike se kaise manage karunga please give me correct solutions
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On 28 June 2020 at 23:26 Report
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Quick Summary
If your business existed before GST registration and you have existing stock, you don't need to manage it separately. This pre-GST stock will be treated as your opening stock once you register. You only need to pay GST on sales made after registration. However, ensure you have proof of purchase for your existing stock; otherwise, you may be liable for taxes on it.

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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 01:15
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4215 Points Posted on 29 June 2020
If the stock are not covered by proof then you may pay taxes
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On 29 June 2020 at 08:32

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