What will be input credit given on our saree stock at shop as on 30.6.2017?

What will be input credit given on our saree stock at shop as on 30.6.2017.Previous it is 0% …now gst made 5% Purchase from registered and unregistered supplier?

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3 Answer(s)

40% if sold in local area and 20% on sold in Igst. 40% will be of only Cgst portion.

Answered on June 13, 2017.
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When a commodity is exempt in the current situation and liability in gst one has to pay gst and then adjust.

Answered on June 13, 2017.
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You can take credit of any duties paid on stock.

Answered on June 14, 2017.
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Your Answer

Gen GST