Accounting treatment on gst transitional credit

CA Bijay Shrestha (Never Give up....No matter what....)   (858 Points)

10 October 2018  

Dear Friends,

Please advise on the following:-

A Trader registered under the VAT Regime. He Imports goods also and pay Custom Duty, CVD and Cess. He charges all Custom Duty [Including CVD] to P& L Account Since He can't set off CVD againts VAT Output Liability.

In Jul-2017, He had some closing stock on which Custom Duty, CVD etc. already paid. He filed TRAN-1 under GST in which he claimed Credit of CVD on closing stock and set off GST Liability against this Credit. 

Now my query is  - What Journal is to be passed in Books for claiming credit under TRAN-1 ?