watch_later 3 years, 1 month ago
I am dealing in textile goods which was having zero rated tax prior to GST.
My registration under GST was applied for on 2.8.17 and GST registration was allotted on 16.08.17. Technically, I should have regd wef 1.7.17 but due to industry uncertainity things got delayed.
However, I had purchased material with GST wef 22.7.17. Please enlighten:
a) how to avail input credit on GST paid material bought from 22.7.17.
b) I carry stock of pre GST zero rated tax.Am i liable to pay GST on such sale or is there any provision which will allow me to avail ITC.
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