https://www.taxtmi.com/forum/issue?id=112011 Cessation of area-based exemption under GST raises entitlement questions for transitional input tax credit on on-hand stock-inputs, capital goods, work-in-progress and finished goods-held at the cut-off, and for goods dispatched before but received after the cut-off. Commentary records that the exemption will not continue under GST and that a refund or other transitional administrative mechanism is expected, while implementation and procedural details remain uncertain. en-us Mon, 05 Jun 2017 08:40:25 +0530 Thu, 23 Jan 2025 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112011 Cessation of area-based exemption under GST raises entitlement questions for transitional input tax credit on on-hand stock-inputs, capital goods, work-in-progress and finished goods-held at the cut-off, and for goods dispatched before but received after the cut-off. Commentary records that the exemption will not continue under GST and that a refund or other transitional administrative mechanism is expected, while implementation and procedural details remain uncertain. Discussion-Forum GST Mon, 05 Jun 2017 08:40:25 +0530 https://www.taxtmi.com/forum/issue?id=112011