a dealer who was registered under VAT opting for normal VAT system and if now he opts for composition scheme under gst... then what are the provisions relating to stock lying as on 30.06.2017 .....is it necessary to reverse the set off of VAT already taken on stock
Required to file GST itc3 which is declaration of itc reversal/payment of tax on input,input held in semi finished goods or in fg, capital goods within 60 days
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