Surplus of cenvat

Goods and Services Tax – Started By: – NAVIN SINGHAL – Dated:- 12-10-2009 Last Replied Date:- 13-10-2009 – what will be the treatment for surplus of cenvat, service tax and vat at the time of enactment of gst. – Reply By Mukesh Kumar – The Reply = It is too early to comment on this query; but keeping the whole concept into mind, I am confident that the surplus / unutilized balance of cenvat, service tax, vat etc. will be allowed to pay GST as valid credit. – Reply By DEV KUMAR KOTHARI – The Rep

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