Transitional GST provisions govern treatment of pre existing input tax credits, refunds and recovery under the new regime.

Transitional GST provisions set procedural and substantive rules for treatment of returned goods, price revisions, refund claims, appeals and assessments initiated before, on or after the appointed day: refunds and admissibility are governed by existing law with admissible amounts refunded in cash thereunder; recoverable or rejected amounts become arrears under this Act and are not admissible as input tax credit; prior reversals of input tax credit are inadmissible; supplies under pre appointed contracts are taxable under this Act with prescribed treatment for supplementary invoices and credit notes.

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