Transition Input of excise paid on goods held on 30june 2017

ITC / Input 174 views 3 replies
Is works contractor allowed to take input of excise on goods held on 30 June 2017 ?
works contractor have invoice & other documents
Replies (3)

If he is eligible to take credit of the same under earlier law (under the definition of 'input' and 'input service') and also eligible under GST, he can take credit. The key is that it should be eligible credit.

all works contractor eligible or only who has covered under notification 26/2012 notification ?

Whether Works contractor who is not covered in notification 26/2012 service tax is eligble for the same  ?


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