Input tax credit of ssi units
This query is : Resolved
04 July 2017
We are a SSI manufacturer of paints, We have an exemption from excise duty up to Rs.1,50,00,000/- but form July 2017 onwards we have to charge gst on every sale. But what about the stock held on June 30, which includes excise duty paid goods but we have not claimed it because of SSI exemption. Is the credit avail under GST,
04 July 2017
Yes the credit available under GST,
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