My query is that I have brought goods on 30/6/2017 worth Rs 750000 on which vat @ 20% was charged but after 1 st july i have to charged gst so how do i sell those goods of 750000
You need to charge GST on products when you make outward supply. You can carry forward vat credit to GST based on vat return filed.
at the gst act is based on value addition you have to add your profit on the 75000/ then apply the gst rate otherwise the department will apply notional profit on your sales.
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