Moving to GST: Can I Avail Input Credit on Closing Stock?

Move arrangements in GST have experienced huge changes in the Revised Draft Model GST Law distributed on 26th November 2016. This post has been upgraded with changes in the modified draft law. On the date of transitioning to GST, extensively there will be business who fall under any of the accompanying classes: 1.Organizations not at…

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How is the Value of Goods and Services Determined under GST?

Current expense administration Give us a chance to take a gander at how the estimation of products and enterprises is figured in the present administration, with the assistance of an illustration: Super Cars Ltd, an auto producer, offers save parts to Ravindra Automobiles, their merchants for Rs 6,000. The MRP of the extra parts is…

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