Can a trader with duty-paying documents (including a First Stage dealer or a Second Stage dealer) claim the Cenvat Credit on stock held at the designated date, viz. 1st July 2017, 2017?

Yes. A trader with duty-paying documents, including a first or second stage dealer, can claim Cenvat Credit under section 140(3) of CGST Act 2017, 2017. However, the following conditions must be met: (a) inputs are used or intended for use in making taxable supplies; and (b) input tax credit is available on input tax credits for such inputs. (c) Invoices and/or other prescribed documentation proving payment of duty under an earlier law are in the possession of the taxable person; (d) these invoices and/or prescribed documents were not earlier than the appointed day; and/or any service provider of services is not eligible to receive any abatemen

The statutory provisions of Anti-profiteering will kick in for what kind of instances?

State the functions of National Anti-Profiteering Authority.

Does Customer pay GST extra on maximum retail price (MRP) of goods?

Where the complaints of redresssal are filled ,if a consumer has been over-charged in name of GST?

What are the complaint redressal mechanism available to consumer if there is profiteering using the name of GST?

How to file complaint against profiteering?

For multiple Goods and services, Is one form sufficient?

To identify the cases of profiteering, what are the methodology?

What are the steps taken by the Consumer Affairs Ministry of the of Indian government in order to stop profiteering after applying the GST?

What can consumers do if shopping malls and retail shops are selling goods at pre-GST attached labels?

From the Anti -profiteering provisions, how can buyers of under-construction flats be benefited?

Can the Anti-profiteering Provisions be used to take action if the benefit of the transitional credit is not passed on to consumers?

For deciding cases of Anti-profiteering provisions, what are the time-frames?

What should a defendant ensure during the complaint to Screening /Standing Committee?

To justify its prices, a company may need to provide information that could be classified and might affect its business interests?

Where can someone access to the orders passes through NAA?

What do you mean by E-way Bill?

What is the E-way Bill common portal?

Define Consignment Value.

Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?

FAQ Categories

Open a demat account through us and get the account opening charges waived off

Can a trader with duty-paying documents (including a First Stage dealer or a Second Stage dealer) claim the Cenvat Credit on stock held at the designated date, viz. 1st July 2017, 2017?

The statutory provisions of Anti-profiteering will kick in for what kind of instances?

State the functions of National Anti-Profiteering Authority.

Does Customer pay GST extra on maximum retail price (MRP) of goods?

Where the complaints of redresssal are filled ,if a consumer has been over-charged in name of GST?

What are the complaint redressal mechanism available to consumer if there is profiteering using the name of GST?

How to file complaint against profiteering?

For multiple Goods and services, Is one form sufficient?

To identify the cases of profiteering, what are the methodology?

What are the steps taken by the Consumer Affairs Ministry of the of Indian government in order to stop profiteering after applying the GST?

What can consumers do if shopping malls and retail shops are selling goods at pre-GST attached labels?

From the Anti -profiteering provisions, how can buyers of under-construction flats be benefited?

Can the Anti-profiteering Provisions be used to take action if the benefit of the transitional credit is not passed on to consumers?

For deciding cases of Anti-profiteering provisions, what are the time-frames?

What should a defendant ensure during the complaint to Screening /Standing Committee?

To justify its prices, a company may need to provide information that could be classified and might affect its business interests?

Where can someone access to the orders passes through NAA?

What do you mean by E-way Bill?

What is the E-way Bill common portal?

Define Consignment Value.

​Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?

FAQ Categories

Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?