closing stock credit.


This query is : Resolved 

(Querist)
19 February 2017 if gst is applicable on 1/7/17 .so what will happen on the closing stock as on 30/6/17. any kind of claim can be taken for excise paid??

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Guest (Expert)
24 February 2017 As per section 167 of the Model GST law,input tax credit shown in the return filed for the period ending 30/06/17 is allowed to be carried forward under GST subject to conditions specified under section 167


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