ITC on raw material

whether itc on stock of 30.06.2017 of raw material id eligible or not? If eligible then how to calculate ITC
Replies (1)
Calculate based on your invoices from 01/07/2016 from 30/06/2017...
Check the raw materials stock from back on date. Then collect your exact ITC then file TRAN 1 form and get ITC..

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