HOUW MANYTYPES OF STOCK MAINTEIN BY STORE KEEPER
WE ARE A MANUFACTURING CO
WE SEND SOME PARTS TO PARTY FOR JOB WORKS ( EXP ) TILL 31ST
MARCH STOCK ARE NOT RETURN TO US. CAN I CALCULATE THIS PARTS
FOR STOCK CALCULATION FOR STOCK CERTIFICATE FOR THE PURPOSE
OF ANUAL VAT RETUEN FILE IN SALES TAX DEPARTMENT
Answers were Sorted based on User's Feedback
Answer / bhch
we will value the stock with jobworkers as on 31st march,
but not file return in the sales tax department because no
sales are made yet.
| Is This Answer Correct ? | 15 Yes | 5 No |
Answer / krishna
we will calculate the stock for annuval vat returns.because
no sales yet&no sales bills received from the party,so we
cannot return (or)show the sales tax department the stock
is sold.
| Is This Answer Correct ? | 10 Yes | 2 No |
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5 Answers Chartered Accountant, Franklin Templeton, IHP,