TRANSITIONAL PROVISIONS IN GST

GST transitional provisions govern migration, carry-forward of pre-GST credits, stock and job-work credit rules, and pending refund treatment. Transitional provisions set migration procedures for taxpayers, rules for carry-forward and admissibility of pre-GST CENVAT/VAT credits including conditions (prior admissibility, invoices within twelve months, use for taxable supplies, and price pass-through), and special rules for inputs in transit, stock on hand when status changes, job-work returns within prescribed periods, goods returned around the appointed day, price revision documentation, and treatment of pending refunds and recoveries under earlier laws.