closing stock

This query is : Resolved 

04 August 2017 The stock present as on 30th June 2017 with the business,post gst regime, will be sold with gst rates or vat rates. I mean whether the business will collect vat or gst on outward sale.

04 August 2017 GST has to be collected on outward sale.

04 August 2017 even on the sale of the stock lying as on 30th June 2017


04 August 2017 Yes the sale is on or after 1st July.

04 August 2017 after 1st July you need to charge GST if it is not exempt goods. whether it is prior GST or not.



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