Under GST, It will be possible to claim input credit of existing VAT, Service Tax and excise?



Anonymous
watch_later 1 year, 5 months ago

From July we will have GST implemented, hopefully. Is it possible to claim input claim for existing VAT, Service tax or excise credit in our books?

How the transition will happen?


Comments:
There are provision which allow setting of credits. We have to wait for exact method but prime facie it will be allowed. - GST Payer

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