GST credit for goods in Transit -reg, Goods and Services Tax - GST

[venkat eswaran]

Dear Experts,

Invoice bills in June and matl received in july under GST regime how we can take the Excise Credit.

Is there any provision in GST portal to enter this or we have to give report to Excise and Sales tax for taking credit for carryforward in GST?

Some people are stopping transaction due this confusion

Pl share your views

Thanks in advance

Venkat

Posts / Replies

[vk agarwal]

Excise credit can be taken as CGST provided invoice is entered in records within one month from 1.7.2017. A statement is required to be submitted on portal electronically within 60 days of all such credit taken