Difference Tax on MRP and non MRP.

203 views 1 replies
Input paid on Purchases till 30.06.17 @ 14.50% and OPT @ 14.50%, in GST 28% on old Stocks? How will the difference tax be adjusted and how to deal with non MRP and MRP goods.
Replies (1)

Refer the 60% of the credit concept. You need to pay 40% of the tax on output.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register