Cenvat Credit of Exmpted unit like Uttarakhand, Himachal & Sikkim, Goods and Services Tax - GST

[Swapneswar muduli]

Dear Experts,

We have a manufacturing unit in Haridwar which is exempted by area based so we don't take credit and also don't charge the tax in invoice.

But in GST this exemption is not continue So my query is.

1) How the cenvat credit taking for stock held as on 30.06.2017 like input, capital , WIP & FG.

2) What about the GIT materials which are removal from supplier in Jun and we received this material in July.

Please provide your valuable suggestion for the the same.

Regards

Swapneswar Muduli

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

Area based exemption will not continue in GST regime. Whether GST will be implemented in such States since the internet infrastructure is lagging in these States.

[Sakthivel S]

We understand there will be a refund mechanism set up for the area based exemptions.

Whether such mechanism has been set up