After 30 June we will have goods GST paid
At present we have stocks CST paid.
how can we differentiate GST paid n non GST paid
Sir, if you are registered under state vat act and purchased stock against form C etc ( i.e cst paid). you will only get credit of carried forward credit as shown in your VAT return as c/f.
However if you are in possession of Exise duty paid bill you can claim exise duty as ITC in transision subject to fulfilment of terms and conditions.
Even if you do not have exise paid invoice, you can claim ITC in 60-40 scheme on basis of other valid purchase document like vat tax invoice.
CAclubindia
