Credit on Opening stock

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....redit on Opening stock<br> Query (Issue) Started By: - Vivek anandhan Dated:- 10-6-2017 Last Reply Date:- 14-7-2017 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Dear Expert Whether CST 2%....

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....( paid on Inter state purchase ) credit allowed on opening stock under GST regime Regards Vivek Reply By Vipul Singh: The Reply: The answer is big NO CST paid@ 2% on opening stock will not be al....

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....lowed in GST regime. Reply By Himansu Sha: The Reply: The credit which is not allowable in the existing law will also not be allowable under gst act Reply By Raman Singla: The Reply: What will the....

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.... input tax credit in GST (18%) for VAT @5% ???? e.g. &#8377;10000/- paid VAT is on books for purchase of 2 lacs...now if sale is made of 2 lacs , GST wil be @15 % = &#8377;36000/- How much tax shoul....

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....d be deposited ??????<br> Discussion Forum - Knowledge Sharing ....