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 )
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.
CAclubindia
