Transitional Credit

Transitional Credit
Query (Issue) Started By: – Krishna Murthy Dated:- 13-3-2019 Last Reply Date:- 18-3-2019 Goods and Services Tax – GST
Got 2 Replies
GST
Whether Surcharge paid as Additional Duty of Excise levied on tobacco be taken as Transitional Credit under GST? The said Additional Duty of Excise is as per levy under Finance Act 2005.
Reply By KASTURI SETHI:
The Reply:
Cannot be carried forward into TRANS-1.
Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
I endorse the view

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply