What will be done as per transitional provision, is there any deemed input credit?

Dear Sir if I have exempted goods stock on 30 June 2017 as this is the exempted under rvat but under gst provision, the GST will be leavy @ 5% so what will be done as per transitional provision, is there any deemed input credit?

Add Comment
1 Answer(s)

Yes u can get credit for the duty paid as per available duty paid invoices of input ,provided those input material is being used for taxable product or services.

Answered on June 23, 2017.
Add Comment

Your Answer

Gen GST