03 April 2018
It is about availability of credit on the goods in stock as on 30th June, 2017 and where no evidence of payment of VAT/excise is available and applicable to a person registered under GST, who was not liable to be registered under the existing law, or who was engaged in the manufacture of exempted goods or provision of exempted services, or who was providing works contract service and was availing of the benefit of notification No. 26/2012—Service Tax, dated the 20th June, 2012 or a first stage dealer or a second stage dealer or a registered importer or a depot of a manufacturer.
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