Input Tax Credit

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..... Input Tax Credit
Query (Issue) Started By: - Navin Verma Dated:- 10-7-2017 Last Reply Date:- 10-7-2017 Goods and Services Tax - GST
Got 2 Replies
GST
We are Industrial Gas manufacturer. .....

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..... We are SSI unit and At present we have opted Central Excise exempted and we are not charging excise duty for sale of Gases and we have not claimed the Excise duty paid for our purchases so for . Also .....

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..... we have not mentioned our Excise duty portion in our ER3 Return. As per GST regime can we claim ITC of Excise duty for our Existing purchases available in the closing stock of Gases & Capital Goods a .....

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..... s on 30.06.2017 Please clarify. Reply By KASTURI SETHI: The Reply: You are entitled to carry forward input credit (Cenvat). Procedure and percentage mentioned in FAQs published by CBEC in newspaper .....

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..... s and on CBEC's site. Reply By Navin Verma: The Reply: Thank you sir
Discussion Forum - Knowledge Sharing .....

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