Menu
Gst on existing stock?
How much input can be taken? Please share details.
Replies (2)
I am not clear about WIP and FG Stocks
But for Rawmaterials and Consumables since GST to be implemented on 1.7.2017 the date of Invoice of supplier eligible for credits should be from 1.6.2016 in other words 12 months purchased stocks are eligible for Input credit
Okay sir, thank you!
Recent Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
