Itc
This query is : Resolved
13 August 2018
Till 1st quarter ie Apr 2018 to June 2018 I m a composite deler under gst. From 1st July 2018 I convert from composition to normal dealer. In 1st quarter I purchased goods for 1000000. Out of 1000000 goods of rs 200000 is still in stock as on today. Now I am a normal dealer. So i have to file gstr 3b for July.. Can I avail input tax credit on stock of rs 200000 when I file gstr 3b for the month of July..
14 August 2018
You are entitled to credit on stock held on the date of withdrawal. For this purpose, you need to file GST ITC-01 on the common portal containing details of your stock, within 30 days from the date of the withdrawal.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
