Itc of vat stock held on appointed date

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 June 2017 Dear Experts,
i am expecting to have Vat ITC of Approx. 1 Lakh on appointed date. pls enlighten me will vat ITC be admissible against GST payment or Vat ITC will be refund,

Thanks In Advance
Prachi Agarwal

14 June 2017 Vat ITC will be admissible against GST payment.


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 June 2017 sir. i have purchased the Goods with 14.5% vat and on this goods GST Rate is 28%

plz clarify after 1/7/2017 on sale of this goods whether GST will be charged 14.5% or 28%

15 June 2017 GST will be charged at 28% only.


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