Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Transitional Rules for GST: Managing Returns, Price Revisions, and Tax Credits Pre-GST Implementation under Section 2017 Provisions.</h1> The Uttar Pradesh Goods and Services Tax Act, 2017, outlines transitional provisions for the transition from existing tax laws to the new GST regime. It addresses scenarios such as the return of goods sold within six months before the GST implementation, price revisions of goods sold under prior contracts, and claims for refund of input tax credit or taxes paid under the old law. The provisions ensure that appeals, revisions, and adjudications initiated before the GST implementation are resolved under the existing law, while refunds and recoveries are processed accordingly. It also specifies conditions for credit on goods returned or sent on approval, and tax deductions at source under previous laws.