TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Transitional Input Tax Credit Rules Under Section 140 of Goa GST Act: Key Conditions and Eligibility Explained</h1> Section 140 of the Goa Goods and Services Tax Act, 2017 outlines transitional provisions for input tax credit. Registered persons, excluding those opting for section 10 taxation, can claim credit for VAT and Entry Tax carried forward from prior returns. Credit is disallowed if inadmissible under current law, if returns for the preceding six months are incomplete, or if related to specific deferred VAT schemes. Credit for unavailed input tax on capital goods is allowed if admissible under both old and new laws. Conditions apply for credit on stock inputs, including possession of recent invoices. Credit calculations follow prescribed methods.
TaxTMI 
TaxTMI 
