Purchase the excise bills before 30th June then am I eligible for the credit of excise?

If i am a vat dealer and before gst i have a purchase bill of excise and same is in my stock on 30th june. Then may i take the credit of excise ?

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7 Answer(s)

Yes you can, provided that invoice is not older than 12 months from 1st July (in this case the appointed day).

Answered on June 8, 2017.
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Yes, you can take credit for stock finished goods by having proper records and filing returns of last month/quarter.

Answered on June 8, 2017.
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Also you have to give all details of bills online. see transition rules approved by gst council.

Answered on June 8, 2017.
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Please work on this process very carefully.

Answered on June 8, 2017.
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Also consider the answer given by zaffer.

Answered on June 8, 2017.
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Yes

Answered on June 8, 2017.
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Yes

Answered on June 8, 2017.
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Your Answer

Gen GST