input on existing stock
Query (Issue) Started By: – Ramprasad Jangir Dated:- 23-12-2017 Last Reply Date:- 24-12-2017 Goods and Services Tax – GST
Got 6 Replies
GST
what input 40%/60% is given by gst on 30.6.17 stock ,on value of stock as on 30.6.17 or output gst from sales of existing stock
Reply By KASTURI SETHI:
The Reply:
If you have not invoices but have stock, Govt. will not allow full credit. Records will be examined before allowing ITC finally. This 40/60 % both are povisio
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