GST
Query (Issue) Started By: – Rajeev Khulbe Dated:- 20-2-2017 Last Reply Date:- 23-2-2017 Goods and Services Tax – GST
Got 6 Replies
GST
मेरे सभी प्रिय विशेषज्ञ को मेरा प्रणाम
कृपया करके आप मुझे ये बता सकते हैं की GST के अंतर्गत सेनवैट क्रेडि
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del GST Act, 2016, taxable person is entitled to take credit on the stock lying on the day immediately before the date of grant of registration.
Reply By Ganeshan Kalyani:
The Reply:
The final draft GST law will have clarifity on such issues. Yes the credit which is disclosed in the last return under current tax regime will be carried forward in the GST and credit would be allowed.
Reply By KASTURI SETHI:
The Reply:
I support the views of Sh.Ganeshan Kalyani, an expert.
Reply By YAGAY AND SUN:
The Reply:
However, if the goods lying in the warehouse/depots/godowns are older than 12 months then no CENVAT Credit would be passed on such goods under GST Model Law.
Reply By MARIAPPAN GOVINDARAJAN:
The Reply:
We are not well versed in Hin
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