CA Day celebration 2024 Easy Office
LCI Learning

input tax credit on closing stock - GST

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 June 2017 One of my client is an automobile dealer (two wheeler) He purchases vehicles directly from the manufacturer Can he claim input tax credit on excise duty portion of the closing stock lying as on 30.06.2017 under GST regime?
Profile Image

Suresh Mittal

Profile Image

Suresh Mittal (Expert)
07 June 2017 Yes, he can claim the credit if holding invoices.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links