Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Dealer, Manufacturer, Importer Registration

Save Share

This query is : Resolved

Mahadev Shivsharan (Querist)

04 November 2016 Dear Sir, I am working in MNC Company. We have four registration under Excise & service tax. 1.Dealer 2.Importer 3.Manufacturer, 4.Service tax. My question is in GST what are the transition provision we need to take care. As a dealer we have 50kmt of RM & FG in Stock and Avg. Price is Rs. 60 KG. Dealer can not take canvat in current situation. wether Dealer is allowed to take credit of Excise & cvd is paid at the time of Purchase of goods. IF not then all dealer have to load duty paid amount on their sales. That cost 16 TO 20 % PRICE raise. & one more What will happen in case of Vat credit. Pl. Clarify my concerns regarding CENVAT & VAT. Rg. Mahadev

CA Rishi Goyal

CA Rishi Goyal (Expert)

06 November 2016 In GST, Only SGST and CGST or IGST (as the case may be ) charged and credit of all will be allowed on the further sale. Custom Duty will charged normally as levied currently.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now