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stock valuation
i have various item of goods ...do i mandatorily need to maintain stock quantity as well in my books under GST???
Replies (3)
Yes, you should maintain the inventory .
for each and every variety???
Yes, you should maintain in a proper way. goods purchased, goods sold, goods lost,etc... When you do inventory accounts it is so simple to deal with this. Because for every transaction you would have enterd the inventory details as per the bill.
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