How is the tax treatment for goods that are currently exempt and are moving into the Taxable category in GST?

How is the tax treatment for goods that are currently exempt and are moving into the Taxable category in GST since the current holding stock has not suffered any tax from the supplier as it is fully exempt?

Add Comment
2 Answer(s)

Taxable in Gst without any credit.

Answered on June 20, 2017.
Add Comment

How to determine value addition in such a case or the cost price of my stock.

Answered on June 20, 2017.
Add Comment

Your Answer

Gen GST