Gst rate change

Rate / HSN codes 291 views 6 replies

Dear all,

One of my item rate is before 27-07-18 28% & now it is 18%. I have purchased these item before 27-07-18 @ 28% which are lying in stock. Now I have to sale it . At what rate I should make invoice 18% or 28%

Replies (6)
As new rate on these items are effective from 27th July , now invoice need to be raised on new rates irrespective of whether you have purchased on 28% or 18%.
You ll charge new rate of GST @ 18%.

You have to charge GST @ 18% in invoice. 

first to alter your those product
You follow the new gst rate @ 18%.
With effect from 27/07/2018, you have to charge the Revised GST Rate @ 18% in your invoice...


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