input on existing stock

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....nput on existing stock<br> Query (Issue) Started By: - Ramprasad Jangir Dated:- 23-12-2017 Last Reply Date:- 24-12-2017 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>what input 40%/60% is gi....

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....ven by gst on 30.6.17 stock ,on value of stock as on 30.6.17 or output gst from sales of existing stock Reply By KASTURI SETHI: The Reply: If you have not invoices but have stock, Govt. will not all....

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....ow full credit. Records will be examined before allowing ITC finally. This 40/60 % both are povisional. Reply By CS SANJAY MALHOTRA: The Reply: output GST. Reply By KASTURI SETHI: The Reply: Agre....

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....ed Sir. I was off the track. Reply By KASTURI SETHI: The Reply: Sir, It was insightful question by the Querist.Otherwise assessees are committing Himalayan blunders by availing ineligible ITC. Pando....

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....ra&#39;s box will be opened for them in 2019 ! I mean to say a flood of SCNs. Reply By Alkesh Jani: The Reply: Sir, I agree with the expert as many are still not aware of filing 3B returns and are ....

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....not reversing the ITC. Instead availing all the credit. If assessee will not pay penalty but will not escape from Interest I guess. With regards Reply By KASTURI SETHI: The Reply: Yes Assessees are....

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.... victims of temptation of RS.500/- per return.<br> Discussion Forum - Knowledge Sharing ....