credit on Stock held

yes but u will get credit as per 3(7) of ccr rule not as per 40/60 concept

hi

not sure how the dealer can take input credit, when the manufacturer has not raised a central excise invoice 

in my view for transitional credit, we should have duty paid document or sales tax suffered document and in present law it should be eligible for input credit.  in current case i am not sure whether the dealer has excise duty paid invoice 

Thanks

https://www.gstsoln.com/all-about-transitional-provisions-us-140-compiled-with-relevant-rules-in-general-language-from-business-point/ plz follow the link govind for all your queries. point no 3 is relevant to your query

Dear Madam

Thank you , let me see the same and i think it will be very useful

as of now we were of the view that only with TAx or Central excuse suffered invoice , showing the tax / duty alone is eligible for transitional credit 

in the same line we have asked our accouts staff to keep record

let me check this     thank you very much 

Govind

Chennai 

we are manufacturer and have no cenvat credit

1.can we avail input of excise on our closing stock of raw materia??

2.. are we required to mention closing stock of raw material on gst portal as on 01.07.17???

dear gurwinder , plz reead the above quoted blog for your reference first.