We are registered under excise and we have stock approximate 20 lac closing stock before GST roll out. out of 20 lac stock, we have 10 lac where we don't have excise bills which we brought form trader. Any provision is there to claim input tax tax of excise which was include in cost.
15 June 2017
since you have bought it from Trader, no question of any excise. If you have paid VAT on that, you can get ITC for the VAT amount, subject to however other conditions as to date of purchase etc are satisfied
CAclubindia
