Transistional provision under gst
This query is : Resolved
CA ASHWIN CHOPRA
(Querist)
24 June 2017
As per provisio to 140(3) of the transitional provisions, only a trader is eligible to opt for this scheme.
In case of a 2 wheeler dealer say Honda motor vehicle dealer, he is also a service provider as he does servicing of vehicles. Can he opt for the scheme as he doesnt have excise invoice for spares, and claim full credit in case of vehicles where he has excise invoices.
In case of a 2 wheeler dealer say Honda motor vehicle dealer, he is also a service provider as he does servicing of vehicles. Can he opt for the scheme as he doesnt have excise invoice for spares, and claim full credit in case of vehicles where he has excise invoices.
CA R SEETHARAMAN
(Expert)
24 June 2017
Yes he can opt for the scheme for spares, and claim full credit in case of vehicles where he has excise invoices.
Amol S Joglekar
(Expert)
24 June 2017
The honda dealer can very well opt for the scheme.
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