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vat in gst
if I have received vat bill after 30.6 whether I can take the credit of vat In gst ??
Replies (3)
Yes if goods recorded in book within 1 month. Capital goods not in loist- maybe added later. Goods in transit/
According to CBEC one of the statement states that for availability of input credit:The date of invoices or any other prescribed duty / tax paying documents is within 12 months from the date of transitioning to GST.
OK so I can book vat bill after 30 June and transfer the vat credit to sgst ?
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