I have business of Gold Bullion. What to do if i have stock remained on 30th June?

I have business of Gold Bullion. What to do if i have stock remained on 30th June?

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1 Answer(s)

You will get 100% credit on SGST and if u have Excise bills u can even get 100% of excise credit too… but if you don’t have Excise bills you are eligible to claim 40% of your stock under CGST act ( stock of bills within a year)

Answered on June 19, 2017.
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Gen GST