https://www.taxtmi.com/forum/issue?id=111858 Area-based exemptions under GST are unresolved; the key operative issue is whether affected units must avail Input Tax Credit on the transition date and pay GST now, or whether ITC will be available only after the exemption period, requiring payment without transitional credit. Commentators propose either a pay-now-and-claim-refund mechanism to protect the credit chain or a route to avail and later refund ITC, but transition provisions and administrative authority to grant benefits remain unclear. en-us Tue, 02 May 2017 09:09:24 +0530 Thu, 23 Jan 2025 15:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111858 Area-based exemptions under GST are unresolved; the key operative issue is whether affected units must avail Input Tax Credit on the transition date and pay GST now, or whether ITC will be available only after the exemption period, requiring payment without transitional credit. Commentators propose either a pay-now-and-claim-refund mechanism to protect the credit chain or a route to avail and later refund ITC, but transition provisions and administrative authority to grant benefits remain unclear. Discussion-Forum GST Tue, 02 May 2017 09:09:24 +0530 https://www.taxtmi.com/forum/issue?id=111858