https://www.taxtmi.com/circulars?id=56024 Dealers who paid VAT on MRP for interstate procurements face GST liability on such stock without current input credit; the circular advises collecting tax on the actual sale value rather than on MRP across the distribution chain so dealers can liquidate VAT paid stock and claim input tax credit under GST procedures. en-us Wed, 12 Apr 2017 00:00:00 +0530 Fri, 22 Sep 2017 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56024 Dealers who paid VAT on MRP for interstate procurements face GST liability on such stock without current input credit; the circular advises collecting tax on the actual sale value rather than on MRP across the distribution chain so dealers can liquidate VAT paid stock and claim input tax credit under GST procedures. Circulars GST - States Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56024