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of <h1>Section 18 of UT GST Act 2017: Transitional Rules for Input Tax Credit Claims Explained.</h1> Section 18 of the Union Territory Goods and Services Tax Act, 2017, outlines transitional provisions for input tax credit. Registered persons, excluding those opting for composition levy under Section 10 of the Central Goods and Services Tax Act, can claim credit for Value Added Tax and Entry Tax carried forward from prior returns. Conditions include the admissibility of credit under both existing and new laws, possession of valid invoices, and compliance with prescribed rules. Special provisions apply to those dealing with exempted goods or having paid fixed tax rates previously. Credit claims must be substantiated and documented within specified timeframes.
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