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Salary by Partnership firm to Partners as per Income Tax Act liable to GST? Partners are not employees of the firm

Please provide the clarity on area based exemption 50/2003 in UK & HP.

Area based exemptions will not be continued under GST. It will be operated through the route of reimbursement as prescribed.

We manufactured excisable goods. But unit availed the exception benefits 50/2003. What about my dealers stock?

The dealer will get deemed credit @ 40% / 60% of the CGST paid on supply of such goods in GST. If the goods are branded and greater than Rs. 25,000, full credit using CTD can be availed.

A trader buys from manufacturer not registered in excise as his turnover is below 1.5cr. Then in such case can trader take ITC on stock up to 40%?

I am a trader. I have excise paid purchase invoice. Whether I can claim credit of full excise duty on closing stock of 1st July 2017

Full transition credit of such duty will be available on stock in hand in respect of which you have duty paying excise document subject to conditions under Section 140(3) of the CGST Act.

If a trader purchases directly from manufacturer & has documents showing excise, will he get full excise credit or 40% of CGST?

If a fsd purchases directly from manufacturer and has value cum excise duty and excise duty is not separately shown will he get full credit?

Full transition credit of such duty will be available on stock in hand in respect of which you have duty paying excise document subject to conditions under Section 140(3) of the CGST Act.Full transition credit of such duty will be available on stock in hand in respect of which you have duty paying excise document subject to conditions under Section 140(3) of the CGST Act.

Is the full excise credit also available to traders who purchases directly from manufacturers and excise is separately shown in invoice

In June 17 Vat return no amount carried forward & held stock of Rs. 50 lakhs. Then can we take credit of that stock or not?

The supplier would be eligible to carry forward the closing balance of ITC from VAT return for June 17

If in Vat return refund claimed in June 17 & no balance credit in GST. Then what's the position of submission of Form C

Some service was provided on 28.06.2017 but Invoice will be raised on 05.07.2017. Whether we have to charge Service Tax or GST?

If Point of Tax arises after appointed date, then GST will be chargeable on such supply

Would we be eligible for credit on Capital Goods in transit and received post GST?

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