Purchased silver bullion before gst, vat 1% paid.
This is raw material to manufacture anklets which is exempted category. I have silver bullion stock. Can I claim transition credit of that 1%?In gst 3% for silver bullion. Thank you
Rajesh PB (80 Points)
20 August 2017Purchased silver bullion before gst, vat 1% paid.
This is raw material to manufacture anklets which is exempted category. I have silver bullion stock. Can I claim transition credit of that 1%?In gst 3% for silver bullion. Thank you
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 20 August 2017
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)