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Closing stock rate of tax

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(Querist)
05 July 2017 Dear Sir / Mam
I am trading in Desi Ghee on which vat rate was @ 5% and now gst rate is 12%.
I have closing stock as on 30 June 2017. Can i revised the MRP of product or not?
or how i deal this?
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CA Anuj Agrawal

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CA Anuj Agrawal (Expert)
05 July 2017 yes you can refer http://pib.nic.in/newsite/erelease.aspx?relid=167129

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