Old stock credit

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I have one query, actually in old Tax we manufacture EXEMPT  Product but now in GST our product is taxable so my qus. is that we have old stock on 30/06/2017 so are we eligible for ITC & Cenvet Credit of old stock in GST ?

Replies (1)

credit for exepted goods  not allowed + u have to paid tax on it 

and returned fill other wise credit will subject to disallowed 

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