I have applied for cancellation of registration of GST. Now what is the treatment for Input tax credit on stock in hand?
5 Replies
Subhkaran Surana
(343 Points)
Replied 31 May 2018
ITC is to be reversed as per section 18(4) of CGST Act, 2017 read with rule 43 of the CGST Act, 2017
Recent Topics
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
Related Threads
CAclubindia
