CONSULTEASE.COM
DS Summer Sale 2022 728x90

Sign In

All QuestionsCategory: GST ConsultancyDifference stock
Profile photo of Kollipara sundaraiahKollipara sundaraiah asked 4 years ago

Difference stock

Trader regular scheme registered in the GST act.the stock value mentioned on 31.03.2020 below.
Stock value as per accounting ledger books Rs.10,00,000/-(10 lacs)
Stock value trader verify physical calculation Rs.12,00,000/-(12 lacs).
Question:
Trader difference stock value Rs.2,00,000/-(2 lacs) adjustment producure in year 2019-2020

Answer the question

Get Ready for the Summer Sale Sidebanner