banner_ad

IN GST TRADERS CAN BENEFITS OF CVD

Others 374 views 2 replies
I am Traders. and Import from outside the India. Pay CVD on imported items. can we take benefits of CVD on Closing Stock as on 30 Jun 2017.
Replies (2)
yes.you can take the ITC but invoice or Bill of entry in with in one year from the date of invoice.

Traders are likely to be benefitted as credit of both the central and state taxes shall be available. 

On imported items BCD plus IGST shall be paid. Credit of IGST shall be available to the traders. It will save loss of CVD which is happening today. It shall also save them from cumbersome provisions of SAD refund.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

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

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details