https://www.taxtmi.com/acts?id=23331 Amounts found recoverable by assessment or adjudication under the earlier law, when recoverable after the appointed day, are to be collected as an arrear of tax under the new Act and are not admissible as input tax credit; amounts found refundable under such proceedings are to be refunded to the taxable person under the earlier law (the Central text specifies cash refund under the earlier law subject to a stated exception; the State text provides refund in accordance with the earlier law). en-us Mon, 28 Nov 2016 12:36:50 +0530 Tue, 29 Nov 2016 14:30:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23331 Amounts found recoverable by assessment or adjudication under the earlier law, when recoverable after the appointed day, are to be collected as an arrear of tax under the new Act and are not admissible as input tax credit; amounts found refundable under such proceedings are to be refunded to the taxable person under the earlier law (the Central text specifies cash refund under the earlier law subject to a stated exception; the State text provides refund in accordance with the earlier law). Act-Rules Bill Mon, 28 Nov 2016 12:36:50 +0530 https://www.taxtmi.com/acts?id=23331