input tax credit on closing stock ,WIP and finished goods?

30 July 2018

how we can take input tax credit on closing stock, WIP, finished goods?

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 31 July 2018

How you get ITC in Your above said C/s...

Where and When and Which condition You ll take ITC on C/S...?

Pankaj Goswami (CA-FINAL) (422 Points)
Replied 31 July 2018

as soon as you get invoice for purchase of good and service

Vinod Babu (24191 Points)
Replied 31 July 2018

Already the ITC has been taken while accounting in returns.
How will you take ITC for closing stock.
Please brief your query?

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