Transitional Credit of stocks older than 1 year available in GST?

Ravi Kumar Somani , Last updated: 24 June 2018 Share Follow on Google News

Transitional provisions in GST law provides the tax treatment for transitional transactions and issues arising thereof. One of the key transitional issues is whether input tax credit can be availed in respect of stocks lying with the business on the appointed day (i.e. 01.07.2017). This issue does n

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About the Author

Ravi Kumar Somani

Indirect Taxes Specialization

Im a Qualified Chartered Accountant, currently working with a reputed firm in Hyderabad, specializing in the area of Indirect Taxes.

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Transitional Credit of stocks older than 1 year available in GST?

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