Availability of cenvat credit on stock under gst
This query is : Resolved
14 August 2017
Which dealer can get Cenvat credit of Excise Tax under GST on stock as on 01.07.2017?
CA Suresh Jain
(Expert)
14 August 2017
Every trader is eligible for credit on stock. 100% credit if the excise invoice is available or 60% of CGST in case excise invoice not available.
N. Jain
group.blr@gmail.com
N. Jain
group.blr@gmail.com
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