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old stock
a person who is registered under VAT has old stock. Should he show that stock as opening stock for gst? If yes, would he get input tax credit??
Replies (5)
yes he will get itc of the same
Your question does not contain full details.
Old stock - source of receipt/purchase, whether documents such as tax invoices are available etc.
Old stock - source of receipt/purchase, whether documents such as tax invoices are available etc.
all the tax invoices are available
all the tax invoices are available
But i heard there was a circular to clear all the stock before 30 june
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