Goods manufactured under excise regime now written off
Query (Issue) Started By: – Kaustubh Karandikar Dated:- 22-2-2019 Last Reply Date:- 24-2-2019 Goods and Services Tax – GST
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GST
XYZ(Manufacturer) had transferred the unutilized CENVAT credit laying in balance as on July'17 to Electronic credit ledger under GST through TRAN – 1. They are holding certain manufactured stocks of excise regime which they now want to write off. Are they required to proportionately reverse
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