https://www.taxtmi.com/article/detailed?id=7159 Transitional rules allow a registered taxable person, excluding composition scheme taxpayers, to carry forward cenvat credit shown in returns into the electronic credit ledger only if the amount is admissible as input tax credit under the GST Act. The revised proviso removes the earlier dual-admissibility test and requires compliance with GST admissibility criteria; SGST provisions mirror this approach for VAT and entry tax credits, while certain Central Sales Tax credits may be admitted as refund if duly substantiated within prescribed timeframes. en-us Wed, 28 Dec 2016 07:07:29 +0530 Wed, 28 Dec 2016 07:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7159 Transitional rules allow a registered taxable person, excluding composition scheme taxpayers, to carry forward cenvat credit shown in returns into the electronic credit ledger only if the amount is admissible as input tax credit under the GST Act. The revised proviso removes the earlier dual-admissibility test and requires compliance with GST admissibility criteria; SGST provisions mirror this approach for VAT and entry tax credits, while certain Central Sales Tax credits may be admitted as refund if duly substantiated within prescribed timeframes. Articles Goods and Services Tax - GST Wed, 28 Dec 2016 07:07:29 +0530 https://www.taxtmi.com/article/detailed?id=7159