https://www.taxtmi.com/article/detailed?id=6970 The Model GST Law lacks provisions to (1) permit utilisation of Duty Credit Scrips (MEIS/SEIS) for payment of GST and (2) specify that duties discharged via such scrips or as CVD/SAD on imports qualify as input tax credit. Absent transitional rules aligned with FTP for Advance Authorisation/EPCG imports, and clear GST treatment for supplies to EOUs/STPI/mega projects, temporary imports, and warehouse movements, exporters and importers face increased working capital outflows, stranded incentives, and compliance uncertainty. The author urges DGFT inclusion in GST Council and MOF-MOC coordination to amend GST provisions accordingly. en-us Wed, 07 Sep 2016 10:24:35 +0530 Wed, 07 Sep 2016 10:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6970 The Model GST Law lacks provisions to (1) permit utilisation of Duty Credit Scrips (MEIS/SEIS) for payment of GST and (2) specify that duties discharged via such scrips or as CVD/SAD on imports qualify as input tax credit. Absent transitional rules aligned with FTP for Advance Authorisation/EPCG imports, and clear GST treatment for supplies to EOUs/STPI/mega projects, temporary imports, and warehouse movements, exporters and importers face increased working capital outflows, stranded incentives, and compliance uncertainty. The author urges DGFT inclusion in GST Council and MOF-MOC coordination to amend GST provisions accordingly. Articles Goods and Services Tax - GST Wed, 07 Sep 2016 10:24:35 +0530 https://www.taxtmi.com/article/detailed?id=6970