whether the decleration of Stock held is nesessary when a Person voluntaily get GST Registration?
it is mandatory or not
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Stock held & GST Registration
Replies (2)
It's not mandatory and needed to dealer to declare the opening stock of GST at the time of registration.
The declaration of stock held as on the date of registration is not mandatory. However, the same should be filed to avail the credit of tax paid on such procurements. Where the registered person do not wish to take credit of tax paid on such goods, then it is not required to furnish the stock details.
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