Itc of cvd and sad on closing stock

ITC / Input 522 views 1 replies

Dear member,

I have imported goods in may 2017 and paid import duty and for the same import we have paid CvD and SAD. We can take the itc of these two duties on 1st july under gst.

Replies (1)

Yes you can take credit of CVD and SAD if it is remaining unavailed balance  on 30.06.17 and the same will be c/f under IGST credit on 1.07.17. Please refer the act.


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