can a registered trader book credit of excise duty?

[rakesh rohilla]

Dear All,

I have a query that Vat registered dealer had got an invoice dated 26.06.2017 before GST implementation and invoice showing separately Excise duty and CST of 1.5%. Can I book credit of excise duty on this bill in GST and I book the purchase against C form also. Vat dealer is not registered in Excise and he is a trader only and filled all the returns continuously.

In my view, i can book credit of excise but not on CST as i book against C form.

AI Summary

Trader Seeks Excise Duty Credit on Pre-GST Invoice; Use Tran 1 Under Section 140(3) of CGST Act for Claim A trader inquired about claiming excise duty credit on an invoice dated before GST implementation, which also included CST. The trader, not registered in excise, sought advice on whether excise credit could be claimed under GST. Responses suggested using Tran 1 under section 140(3) of the CGST Act to claim credit. It was advised that the trader could claim 100% credit if the duty-paying document is available, otherwise only 40%. The trader was also advised to fill section 7A of the form. The discussion emphasized the importance of proper documentation for claiming credits.