Goods and Services Tax – Started By: – Ramprasad Jangir – Dated:- 23-12-2017 Last Replied Date:- 24-12-2017 – 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 povisional. – Reply By CS SANJAY MALHOTRA – The Reply = output GST. – R
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