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input credit

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(Querist)
14 June 2017 Dear sir, We are importer of finished goods, and sale in india We pay cvd on import. So please tell me whether I can claim cvd input on unsold stock under Gst regime. We are registered in vat authority and have IEC code
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Rahul

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Rahul (Querist)
14 June 2017 Can anyone reply
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 June 2017 Yes. As importer paid CVD on import is eligible to take credit on unsold stock as on 30th June 2017 under GST
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Suresh Mittal

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Suresh Mittal (Expert)
14 June 2017 And also of Special Additional Duty, if any.
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Rahul

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Rahul (Querist)
14 June 2017 Is there any time limit for claiming input credit of cvd and other duty
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 June 2017 Yes. as per sec.140, Importer can claim input on SAD & CVD paid provided the duty paid documents in hand and the same should be with in 12 months preceding to the appointed date
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