A trader purchases directly from the manufacturer, the manufacturer charges excise duty as well as VAT in the invoice. Till now the dealer used to take credit of VAT and excise duty was treated as an expense. In GST Whether the person will be eligible to avail credit of the excise duty.. if yes under which section and what all conditions have to be fulfilled ?
Thanks in advance
Excise Duty paid to Manufacturer by VAT dealer and such Stock lying on 30-06-2017 at VAT dealer.
Whether CGST credit will be avialable to VAT Dealer (having Excise Invoices) for which he already paid Exciseduty to Manufacturer? (for GST transition provision)
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