CMP 03 - Tax on Stock

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..... CMP 03 - Tax on Stock
Query (Issue) Started By: - RAVINDRA SANCHETI Dated:- 23-1-2018 Last Reply Date:- 24-1-2018 Goods and Services Tax - GST
Got 1 Reply
GST
Assessee is registered as Co .....

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..... mposition dealer and having stock of ₹ 10 Lacs (GST Rate @ 5%) as on 30th Jun, Out of these ₹ 5 Lacs is purchased within State from Regd dealer, ₹ 4 Lacs Purchased from Unregistered .....

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..... Dealer, and ₹ 1 Lacs purchased from outside the state. Now assesse wants to file CMP 03, my query is how much amount and on what value assesse needs to pay GST on Stock and Why. Reply By RAJA .....

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..... SWAMINATHAN: The Reply: In respect of Purchases made from registered person under the existing law Clause no 7 of Form No CMP 03 to be filled. In respect of Purchases made from unregistetred dealers .....

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..... Clause no 8 of Form no CMP 03 to be filled. The details of Central & State tax have to be filled in Clause no 9 of Form no CMP 03.
Discussion Forum - Knowledge Sharing .....

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