Credit if taxable person was manufacturing exempted as well as taxable goods and providing exempted or taxable services :
A taxable person who was manufacturing exempted as well as taxable goods and providing exempted or taxable services can take input tax credit of Cenvat credit as per return filed under excise law, if he is liable to pay CGST and SGST. He can also take input tax credit of duty and Vat paid on inputs held in stock and inputs contained in semi-finished goods or finished goods held in stock on 1-7-2017 relating to such exempted goods or tax free goods- – section 140(4) of CGST Act and section 140(4) of SGST Act.