input tax on transition

ITC / Input 127 views 2 replies
we have stock of Rs. 1 Lakh on appointed day of jewellery and stock pertains to URD purchase made during the year,
can we take transition input of 40% on stock on appointed day
Replies (2)

No.......... if input VAT not paid

my question is on proviso to 140(3) of CGST


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