Question 6 - Will ITC be allowed to a service provider on VAT paid inputs held as stock on the appointed day - FAQ on GST dated 21.9.2016 based on Draft Model GST
FAQ on GST dated 21.9.2016 based on Draft Model GST
Chapter 24
Transitional Provisions
Contents
Q 6. Will ITC be allowed to a service provider on VAT paid inputs held as stock on the appointed day?
Ans. No, VAT does not cover services. Under it, only goods are covered.
