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.
\nReply By KASTURI SETHI:
\nThe Reply:
\nCannot be carried forward into TRANS-1.
\nReply By DR.MARIAPPAN GOVINDARAJAN:
\nThe Reply:
\nI endorse the view<\/p>\n
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