CENVAT credit on Stock

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ca
25 Points Posted on 12 July 2017
I want know detailed rules about the CENVAT(exice) credit on Stock of June
becoz I heard that there is 60% credit can allowed from CGST
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On 12 July 2017 at 17:20 Report
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Commercial Manager
220 Points Posted on 12 July 2017

Only Incase of Unregistered dealer under Central Excise, you can claim 60% on the goods falling under 9% CGST and rest 40%

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On 12 July 2017 at 17:28
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ca
25 Points Posted on 13 July 2017
thank you sir
Can you give me any reference ( rules, notification etc ) about your reply regarding 60% credit against stock.
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On 13 July 2017 at 12:33
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Commercial Manager
220 Points Posted on 13 July 2017

Please refer section 117 (4) (a) (ii) of CGST Rules

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On 13 July 2017 at 12:48

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