TaxTMI 
TaxTMI 
Sir,
In Trans 1 Table 7 A
HSN, UNIT, QTY, AND VALUE WHAT IS MEANING OF VALUE BEFORE OF DUTY PAID AMOUNT OR INVOICE VALUE T THINK BEFORE DUTY AMOUNT PLEASE CORRECT IF I AM WRONG.
TRANS 1 TABLE 7A
25 Nov 2017 
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Value reporting in GST returns: clarify whether stock value is stated before tax or inclusive of tax in table.
The query asked whether the stock value reported in Trans 1 Table 7A is inclusive of tax or the net value before duty and tax. Contributors offered conflicting views: some said the field is stock value inclusive of tax, while others pointed out a separate column for eligible duties and taxes and described the field as the assessable value before tax. (AI Summary)
The query asked whether the stock value reported in Trans 1 Table 7A is inclusive of tax or the net value before duty and tax. Contributors offered conflicting views: some said the field is stock value inclusive of tax, while others pointed out a separate column for eligible duties and taxes and described the field as the assessable value before tax. (AI Summary)