Mumbai Octroi claim in Trans1, Goods and Services Tax - GST

[Sulin Itchhaporia]

Dear sir,

We are distributors of Reliance LPG gas. As on 30.06.2017, we have a stock of 7 lakhs including VAT and 3% Mumbai Octroi.

I would like to know how to fill/claim Mumbai octroi in Trans1.

Also would like to know do we have to fill 7a, 7b, 7c, and 7d. We have all invoices and octroi receipts with us.

Regards.

Sulin Itchhaporia

Posts / Replies

[raj kumar shukla]

octroi is not available as ITC.

[Ganeshan Kalyani]

Octroi is subsumed under GST, so credit shoud be eligible.

[raj kumar shukla]

please see proviso to section 140(2) of cgst/sgst. Only that credit is allowable which was admissible earlier and is also admissible in present law.I do not think octroi was allowed as credit under earlier law. Even if it was allowed earlier, since it is not allowed now , credit is not admissible.

[KASTURI SETHI]

Agreed with Sh.Raj Kumar Shukla, Sir.

[Ganeshan Kalyani]

Dear Shukla Sir, thanks.