Goods from gst

This query is : Resolved

PRANAY JAIN (Querist)
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18 April 2017 Dear Sir,
Whether goods coming from SEZ reason (Enjoying Excise holiday) would be a consider a Exempted goods, Zero Rated goods or none of the above and accordingly would stock of these goods on 1st July opening would be eligible for excise cenvat credit.

Guest

Guest (Expert)

18 April 2017 1 Supply to Sez will be considered as zero rated in gst and not supply from Sez.
2 Un-utilized credit lying with Sez as on appointed date can be claimed as refund by Sez under earlier law.

PRANAY JAIN

PRANAY JAIN (Querist)
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18 April 2017 I am a retailer with supply directly from manufacturer from SEZ, so how much credit can i take on stock lying with me on 01st July opening.

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Guest

Guest (Expert)

18 April 2017 You are retailer in dta correct?