I purchased goods worth rs 45000 on 28 June and it was booked at transport on 3 July.
Will I get full rebate of VAT tax which I paid for it.
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rebate on old stock
Replies (4)
I think NO
full amt of vat paid by you is available as sgst credit but you have to mention in the vat return of June the details of vat paid by you. Also you have to file form trans-1 in order to transfer the vat credit in gst.
thanks for the support rounak
credit available of cgst but not sgst
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