TMI BlogSurplus of cenvatX X X X Extracts X X X X X X X X Extracts X X X X ..... what will be the treatment for surplus of cenvat, service tax and vat at the time of enactment of gst. - Reply By Mukesh Kumar - The Reply = It is too early to comment on this query; but keeping the whole concept into mind, I am confident that the surplus / unutilized balance of cenvat, service tax, vat etc. will be allowed to pay GST as valid credit. - Reply By DEV KUMAR KOTHARI - The Reply = R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ightly said by other reader it is premature query. Keeping in mind past trend, credit should be allowed in new regime of GST. Better the initiator shoudl also send his vies and experience on subject. This column of www.taxmanagementindia.com is to initiate discussion and ascertain various possible views to further the object of learning and sharing knowledge and to clear doubts. The issue placed s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hould include some basic information about the subject matter so that readers can at least have some idea about the issue, problem ,related provisions and off course the views of the initiator of the issue. This will be helpful in getting better response from learned readers. In absence of the same, the readers cannot be serious about the issue and willing to spare time to merely provide informat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion and solutions. This is my personal view. - Surplus of cenvat - Query Started By: - NAVIN SINGHAL Dated:- 12-10-2009 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
