credit on trnasitional stock
This query is : Open
24 May 2017
can i get the cgst credit of 40% on the transitional stock post gst of the same is supplied by SSI unit which has got excise exemption under central excise.
25 May 2017
No you can't avail 40% tax credit. You will only get credit if you have paid tax in the current tax structure.
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