VAT credit was not available on items 'X' & 'Y' as capital goods in the existing law (Central Excise). Since they are covered in GST, can the registered taxable person claim it now?

VAT credit was not available on items 'X' & 'Y' as capital goods in the existing law (Central Excise). Since they are covered in GST, can the registered taxable person claim it now? https://www.taxtmi.com/acts?id=24766 Credit under GST is permitted only when it was admissible under the existing pre GST law and is admissible under GST; consequently, the proviso to section 140(2) of the SGST Act prevents claiming input tax credit for goods that were not eligible as capital goods under the prior regime. en-us Mon, 03 Apr 2017 17:12:29 +0530 Mon, 03 Apr 2017 17:12:29 +0530 TaxTMI RSS Generator VAT credit was not available on items 'X' & 'Y' as capital goods in the existing law (Central Excise). Since they are covered in GST, can the registered taxable person claim it now? https://www.taxtmi.com/acts?id=24766 Credit under GST is permitted only when it was admissible under the existing pre GST law and is admissible under GST; consequently, the proviso to section 140(2) of the SGST Act prevents claiming input tax credit for goods that were not eligible as capital goods under the prior regime. Act-Rules Bills Mon, 03 Apr 2017 17:12:29 +0530 https://www.taxtmi.com/acts?id=24766