stock treatment as on 1.7.17 under GST

SANDEEP JAIN (Tax Consultant) (487 Points)

07 August 2017  
client has stock without any input credit of taxes as on 30 June 2017

my querry is

1) when all input credit has been utilised till 30 June, still input credit may be claimed

2) how to show opening stock as on 1.7.17 in trans1

3) do client still has to show all cform, f form details in trans1

4) is client has to pay RCM on the stock (becos of no input credit as at 30.6.17)



please advise🙏🏻😊