Stock on 30th june

01 December 2017

Will the tax payable on purchases from unregistered dealer for stock as on 30 june be payable under sgst or both cgst and sgst?

Reply
Follow
Share

3 Replies

Prity Agarwal (CHARTERED ACCOUNTANT) (363 Points)
Replied 01 December 2017

It shall be paid both under CGST and SGST.

1 Like

Ayush Gupta (9 Points)
Replied 01 December 2017

But if u see Form CMP-03 form it shows columns for VAT and central excise. Should we enter the amount for Cgst under central excise

Ravi SADhiyan (Practice) (4510 Points)
Replied 01 December 2017

You pay tax under RCM for Stock on 30th June'17

Start a New Discussion