{"id":3621,"date":"2017-06-10T09:36:48","date_gmt":"2017-06-10T04:06:48","guid":{"rendered":""},"modified":"2017-06-10T09:36:48","modified_gmt":"2017-06-10T04:06:48","slug":"credit-on-opening-stock","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=3621","title":{"rendered":"Credit on Opening stock"},"content":{"rendered":"<p>Credit on Opening stock<br \/> Query (Issue) Started By: &#8211; Vivek anandhan Dated:- 10-6-2017 Last Reply Date:- 14-7-2017 Goods and Services Tax &#8211; GST<br \/>Got 3 Replies<br \/>GST<br \/>Dear Expert<br \/>\nWhether CST 2%( paid on Inter state purchase ) credit allowed on opening stock under GST regime<br \/>\nRegards<br \/>\nVivek<br \/>\nReply By Vipul Singh:<br \/>\nThe Reply:<br \/>\nThe answer is big NO<br \/>\nCST paid@ 2% on opening stock will not be allowed in GST regime.<br \/>\nReply By Himansu Sha:<br \/>\nThe Reply:<br \/>\nThe credit which is not allowable in the ex<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=112046\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit on Opening stock Query (Issue) Started By: &#8211; Vivek anandhan Dated:- 10-6-2017 Last Reply Date:- 14-7-2017 Goods and Services Tax &#8211; GSTGot 3 RepliesGSTDear Expert Whether CST 2%( paid on Inter state purchase ) credit allowed on opening stock under GST regime Regards Vivek Reply By Vipul Singh: The Reply: The answer is big &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=3621\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Credit on Opening stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3621","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3621"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3621\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}