https://www.taxtmi.com/acts?id=26338 Registered persons other than composition taxpayers may transfer pre GST VAT credits into an electronic credit ledger subject to prescribed procedure and exclusions: ineligible credits, unfiled returns for six months preceding the appointed day, and unsubstantiated Central Sales Tax claims are barred. Unavailed capital goods credit is transferable if admissible under both regimes. Persons previously dealing in exempt or untaxed goods may claim credit for inputs in stock if used for taxable supplies and supported by invoices issued within twelve months. Inputs received after the appointed day may be credited if recorded within thirty days, subject to extension and reporting. en-us Sat, 17 Jun 2017 15:40:25 +0530 Sat, 17 Jun 2017 15:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26338 Registered persons other than composition taxpayers may transfer pre GST VAT credits into an electronic credit ledger subject to prescribed procedure and exclusions: ineligible credits, unfiled returns for six months preceding the appointed day, and unsubstantiated Central Sales Tax claims are barred. Unavailed capital goods credit is transferable if admissible under both regimes. Persons previously dealing in exempt or untaxed goods may claim credit for inputs in stock if used for taxable supplies and supported by invoices issued within twelve months. Inputs received after the appointed day may be credited if recorded within thirty days, subject to extension and reporting. Act-Rules GST - States Sat, 17 Jun 2017 15:40:25 +0530 https://www.taxtmi.com/acts?id=26338