Excise credit
Can anyone clarify regarding whether we can take transitional credit of input of excise duty for plant and machinery even if the same was not allowed to take under earlier law ( please note that the manufacturer is not registered under excise as excise was not attracted )
Replies (4)
you can not take transitional credit of excise in this case.
I think you can claim by submitting trans1 in part 6 but not sure
Thank you for your views
yes you claim even if you were not registered under central Excise. but you should keep the invoice with central Excise charged & only can claim last 6 months from 1st july, 2017.
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