CST paid stock

242 views 1 replies
After 30 June we will have goods GST paid
At present we have stocks CST paid.
how can we differentiate GST paid n non GST paid
Replies (1)

Sir, if you are registered under state vat act and purchased stock against form C etc ( i.e cst paid). you will only get credit of carried forward credit as shown in your VAT return as c/f.

However if you are in possession of Exise duty paid bill you can claim exise duty as ITC in transision subject to fulfilment of terms and conditions.

Even if you do not have exise paid invoice, you can claim ITC in 60-40 scheme on basis of other valid purchase document like vat tax invoice.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details