Stock held on 01-04-2017 , central exice paid goods &


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 November 2016 respected sir,
soaps held in stock in the hands of retail traders (not manufactures) on 01-04-2017 , previously suffers vat @14.5 and cental exice @ 12.5 % also. now can the retailor eligible to claim on stock held on 01-04-2017 , both vat and central exice ? if not why .please discuss

26 November 2016 Yes the retailer is eligible to claim input tax credit on VAT as well as central excise on stock held on 01/04/2017.

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Querist : Anonymous

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29 November 2016 please tell the procedure precribed for a dealer (not a reg- central exice dealer) in revised gst law for availing cen- vat credit on stock held on 01-04-2017

30 November 2016 You will be asked to enter the stock details and VAT and central excise paid details on stock. Wait for some time for passage of ACT and Rules.

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Querist : Anonymous

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30 November 2016 thank you seetharaman sir.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2016 thank you seetharaman sir.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2016 thank you seetharaman sir.


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