itc on stock of medicines
MANESH KUMAR KP (ca) (31 Points)
19 June 2017
I have stock of medicines which were covered under mrp compounding in kerala.whether I get itc on it
MANESH KUMAR KP (ca) (31 Points)
19 June 2017
xayanta
(Others)
(26 Points)
Replied 10 July 2017
A dealer,who was unregistered under VAT Act ,now has taken registration under GST Act,deals in medicine (MRP Goods).Is he eligible for ITC on stock of goods of VAT regime ?
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
