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Inputs held in the stock on the day of appointed day in case of Trading

Goods and Services Tax - Started By: - yogesh Panchal - Dated:- 1-12-2016 Last Replied Date:- 6-12-2016 - Dear All Experts, We have do two Business (1) manufacturing & (2) Trading, currently we are follow the rule 6(3)a of Cenvat Credit Rules-200 .....

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material on which we have not take the credit, we have not charged excise duty at the time of sales, not collect duty from our customer, but if duty paid stock laying in trading warehouse on 31st March-2017. As a closing stock. also after implementat .....

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tion we are do? , We have take trading warehouse goods excise duty credit before 31st march-2017? which invoice one year time limit not over In current law?, after take credit in excise law and carried forward under section 169 or 170 of GST law? Aft .....

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-2017. - Reply By Ganeshan Kalyani - The Reply = Revised Draft Model GST Law has been published very recently . - Reply By sreemannarayana B - The Reply = The revised Section 18 (4) of revised GST Law states as follows: 4) Where an exempt supply of g .....

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