EASYOFFICE
EASYOFFICE

Gst on my items

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2017 Dear Sir/Mam
I am a absorbent cotton wool i.p. ( surgical cotton) . what is the rate of gst on my item. and i purchase an item in this bill i charged exise duty. can i adjust the exise duty of last 12 months
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 June 2017 It will fall under 5% GST input tax credit on Excise duty paid for last 12 months for items held in stock on the appointed date can be claimed

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