Itc
This query is : Resolved
Sumit Patni
(Querist)
21 June 2017
I am ayurvedic medicine trader n i have inter state purchase n paid entry tax i know that input credi not available on both So is i can take 60% itc on gst for closing stock ........
CMA Ramesh Krishnan
(Expert)
21 June 2017
No. entry tax is not eligible duty for taking credit on stock under GST. also 60% criteria for those have eligible duty to take input on stock but not having duty paid documents
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