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stock intimation for composition, Goods and Services Tax - GST |
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stock intimation for composition |
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how to calculate tax on closing stock forcomposition dealer in cmp 03... like we have item in gst rate 18%.... Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
In my opinion ,CMP 03 - you need to indicate value of closing stock in coloum 7 & 8 respectively :- Stock of purchases from registered person Stock of purchases from unregistered person You have to give bifurcation of value & actual taxes paid thereon . No separate calculation is required. Regards
CMP 03 seeks value of stock purchased from registered and unregistered dealers . You need not to calculate tax on closing stock . Simply indicate value and tax paid there on in coloum 7 & 8 of CMP-03 Regards Page: 1 Old Query - New Comments are closed. |
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