https://www.taxtmi.com/acts?id=2980 The rule fixes the amount of tax borne on opening stock either by reference to an invoice under the Delhi Sales Tax Act showing tax paid allocable to that stock, or, where no such invoice exists, by applying the formula F x P x 75%, where F = r/(r+100) with r being the tax rate under the Delhi Sales Tax Act applicable to the opening stock and P the price paid for the opening stock. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 17 Jul 2012 14:02:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2980 The rule fixes the amount of tax borne on opening stock either by reference to an invoice under the Delhi Sales Tax Act showing tax paid allocable to that stock, or, where no such invoice exists, by applying the formula F x P x 75%, where F = r/(r+100) with r being the tax rate under the Delhi Sales Tax Act applicable to the opening stock and P the price paid for the opening stock. Act-Rules VAT - Delhi Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2980