Can 1st /2nd stage dealer claim ITC of excise duty paid on migration to GST?
As earlier he was passing on credit and was not allowed to avail credit
Menu
Input Tax Credit
Replies (1)
As per section 140 (3) FSD/SSD are allowed to take ITC on inputs held in stock & SFG & FG as on the date of transition.
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
