if a taxable person has died .
his gst registration is cancelled.
he is having stock in his shop after his death. In this stock no ITC has been taken.
so while filing gstr 10 final return, what to do for this stock itc ?whether payment has to be made? or not?
Menu
Gstr 10 - ITC
Replies (1)
The taxpayer needs to furnish details of closing stock held at the time business ceases. Any amount of input tax credit lying in such stock needs to be paid along with this return.
8(a) Inputs in stock (invoice present)
8(b) Inputs in the stock of semi-finished or finished goods
(invoice present)
8(c) Capital goods or machinery in stock
8(d) Inputs in stock or in stock of semi-finished or finished goods (invoice not present)
8(a) Inputs in stock (invoice present)
8(b) Inputs in the stock of semi-finished or finished goods
(invoice present)
8(c) Capital goods or machinery in stock
8(d) Inputs in stock or in stock of semi-finished or finished goods (invoice not present)
Recent Threads
Related Threads
CAclubindia
