<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Transitional Provisions under Revised Model GST Law (Nov-2016)</title>
    <link>https://www.taxtmi.com/article/detailed?id=7115</link>
    <description>Mechanisms require migration of existing registrants on a provisional basis, deem prior tax officers as GST officers, and permit carryforward of admissible pre GST credits (CENVAT, VAT, entry tax) into electronic CGST/SGST ledgers as opening balances. Specific rules govern unavailed capital goods credit, inputs in stock, in transit supplies, composition to regular switches, agent and job worker scenarios, and processing of pending refund and credit claims under earlier law, subject to prescribed documentation, time limits and admissibility conditions.</description>
    <language>en-us</language>
    <pubDate>Sat, 10 Dec 2016 08:16:01 +0530</pubDate>
    <lastBuildDate>Sat, 10 Dec 2016 08:16:01 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=451107" rel="self" type="application/rss+xml"/>
    <item>
      <title>Transitional Provisions under Revised Model GST Law (Nov-2016)</title>
      <link>https://www.taxtmi.com/article/detailed?id=7115</link>
      <description>Mechanisms require migration of existing registrants on a provisional basis, deem prior tax officers as GST officers, and permit carryforward of admissible pre GST credits (CENVAT, VAT, entry tax) into electronic CGST/SGST ledgers as opening balances. Specific rules govern unavailed capital goods credit, inputs in stock, in transit supplies, composition to regular switches, agent and job worker scenarios, and processing of pending refund and credit claims under earlier law, subject to prescribed documentation, time limits and admissibility conditions.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Sat, 10 Dec 2016 08:16:01 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=7115</guid>
    </item>
  </channel>
</rss>