https://www.taxtmi.com/acts?id=21673 Transitional rule allows a registered taxable person to record in the electronic credit ledger CENVAT or Value Added Tax credit carried forward from earlier-law returns for periods ending before the appointed day, only if such credit was admissible under the earlier law and remains admissible under this Act, and provides that any amount taken as credit may be recovered as an arrear of tax if proceedings under the earlier law establish its recoverability. en-us Wed, 15 Jun 2016 15:56:05 +0530 Wed, 15 Jun 2016 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21673 Transitional rule allows a registered taxable person to record in the electronic credit ledger CENVAT or Value Added Tax credit carried forward from earlier-law returns for periods ending before the appointed day, only if such credit was admissible under the earlier law and remains admissible under this Act, and provides that any amount taken as credit may be recovered as an arrear of tax if proceedings under the earlier law establish its recoverability. Act-Rules Bills Wed, 15 Jun 2016 15:56:05 +0530 https://www.taxtmi.com/acts?id=21673