excise Input for traders Pls Reply all

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trader can take excise Input for their closing stock ?????
Replies (2)
yes . 40% of item gst rate on closing stock as on 30.6.17
if excise invoice available - 100% credit
if no excise invoice - 40% / 60% cash back at the time of sale (should be sold within 6 month for cashback)

applicable for purchase within last one year


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