https://www.taxtmi.com/forum/issue?id=111600 Purchases in transit on the appointed day are permitted to be carried forward as credit. Credits shown in prior statutory returns are contemplated to be carried forward but remain subject to reconciliation, checks and audits under legacy laws and transitional provisions. Goods held at depots/warehouses beyond an indicated aging threshold risk losing eligibility to transfer credit. Final entitlement and procedural requirements, including any need for registration by business vertical, depend on the provisions of the enacted GST law. en-us Sat, 11 Mar 2017 10:45:26 +0530 Thu, 23 Jan 2025 15:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111600 Purchases in transit on the appointed day are permitted to be carried forward as credit. Credits shown in prior statutory returns are contemplated to be carried forward but remain subject to reconciliation, checks and audits under legacy laws and transitional provisions. Goods held at depots/warehouses beyond an indicated aging threshold risk losing eligibility to transfer credit. Final entitlement and procedural requirements, including any need for registration by business vertical, depend on the provisions of the enacted GST law. Discussion-Forum GST Sat, 11 Mar 2017 10:45:26 +0530 https://www.taxtmi.com/forum/issue?id=111600