Can we receive credit of excise and vat for stock carry forward to 1st July 2017, if in invoice mentioned only vat not mentioned excise.
Only vat amt use for credit
You can take credit of Vat not of excise
Registered person fir taxable supply will be eligible for ITC @40% under cgst on stock if excise not mentioned in the document i.e.if excise document is not available.vat will be available under sgst.
U can use vat and excise both as input in gst