I want to know what to do with opening stock lying on 1st July 2017?
What I mean is in how much time we have to sell it?
In how much it's input credit must be utilized?
1 Replies
vk sing
(6 Points)
Replied 15 July 2017
You have 90 days to get the credit on op. stock. After that on balance credit will not be avbl. There is no time limit to sell the stock
Recent Topics
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
Related Threads
CAclubindia
