If stock can’t be sold in 2 months. How it can be treated now?

I am having a stock of rs 20 lakh at my firm and stock can’t be sold in 2 months. How it can be treated now

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3 Answer(s)

You have time for 4 month to liquidate your stock.

Answered on June 28, 2017.
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You can take the input credit of the Vat of the stock available with you and adjust it with SGST provided that the stock should not be older than 12 months.

Answered on June 28, 2017.
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If you are a registered dealer under the car then you can trf the credit it you filled all the returns. if you are not registered then also you can trf the credit if you provide the evidence bill of last 12 month if you are not then you can avail 40 % credit.

Answered on June 28, 2017.
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Your Answer

Gen GST