Question7: Referring to the trail mail, is this notification applicable for stock transfer to the plant located in different state having same PAN No.' Further, whether the supplying plant, where the ITC has been availed @ 18% but the supply under this notification is @ 0.1%, will be eligible for the entire 18% ITC to be utilized for other supplies' I shall be grateful for your esteemed advice.

Answer: The Notification no 41/2017 dated 23.10.17 does not put any restriction on the availment of ITC it is not like the earlier notification issued in Central excise for payment of tax at the rate of 1% or 2% without CENVAT on certain items like garments or mobile phone parts etc There is no corresponding change in Section 16 or 17 or rules relating to ITC so our view is that you can take credit and use it as in normal course (Reply dt. 26/10/2017)