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of <h1>Section 171 GST Law: Transitional Credit for Taxes on Inputs Received Post-Appointed Day; Claim within 30 Days, Extendable.</h1> Section 171 of the Model GST Law outlines transitional provisions for crediting eligible duties and taxes on inputs or input services during transit. A registered taxable person can claim credit in their electronic credit ledger for duties and taxes paid before the appointed day for inputs or services received after that day, provided the invoice or tax document is recorded in their accounts within 30 days. This period can be extended by the competent authority for an additional 30 days if justified. The person must also submit a prescribed statement regarding the credit claimed. These provisions apply to both CGST and SGST laws.
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