Input credit understanding
MAHESH PATEL (Partner) (26 Points)
26 June 2017MAHESH PATEL (Partner) (26 Points)
26 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 26 June 2017
1. Yes......... ((I am not obtaining composition scheme. I will go for regular registration)
2. It is B2B transaction and not to URD/ retail customer
As you raise tax invoice with purchaser's gstin.......... Company's account automatically get credited.
MANOJ SHARMA
(37 Points)
Replied 26 June 2017
the company you are billing to will not accept your retail invoice since its B2B transection if he wants to take the credit of it.
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 26 June 2017
Dear Dhirajlal Sir.,
I have a Big doubt...
A Trader/Manufacturer Have "Stock-in-Hand Rs. 500,000/-".
But, No ITC under VAT/CE in Hand on 30/06/17. Then how to treat the STOCK in GST...?
Please reply.,
No way to send PM to you...
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 26 June 2017
@ P M Raja:
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 26 June 2017
In case Only Stock in Hand then how to its shown in TRAN Form....?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 26 June 2017
cbec/gst/transition-rules-04062017
attached