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interstate purchase under cst act

06 October 2017

sir
I want to know about if I purchase certain goods in interstate purchase under cst act now such goods laying in stock on 1st july then I take of such goods input credit under transnational provisions under gst act or not?

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3 Replies

RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 06 October 2017

Yes, the ITC is admissible under transitional provisions. Pl refer to the SGST rules for more details.

g mahesh Mundra (Business and tax consultant) (3293 Points)
Replied 06 October 2017

in which column of trans1 I can claim ITC for interstate purchases

RAJA P M ("Do the Right Thing...!!!") (127459 Points)
Replied 06 October 2017

Originally posted by : ABHISHEK SINGHANIA
	sirI want to know about if I purchase certain goods in interstate purchase under cst act now such goods laying in stock on 1st july then I take of such goods input credit under transnational provisions under gst act or not?