Gst rate on retail medicals

Rate / HSN codes 157 views 1 replies
anyone please tell me at what rate the gst need to be paid on stock as on 1st july 2017 on which vat @ 5% already been paid
Replies (1)

Whatever VAT is paid, that as per last vat return will be available as credit. You do not have to pay any GST on the existing stock now...... But when it gets sold, GST will be applicable......


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