https://www.taxtmi.com/forum/issue?id=112168 Section 140(1) and (2) permits a registered person, other than one under the composition scheme, to transfer CENVAT and VAT credit shown in returns for the period ending before the appointed day into the electronic credit ledger as input tax credit, subject to admissibility under GST, furnishing of all returns for the six months immediately preceding the appointed day, and exclusion of credits relating to supplies cleared under exemption notifications; unavailed CENVAT on capital goods may be taken only if admissible under both the existing law and GST. en-us Mon, 26 Jun 2017 14:49:21 +0530 Thu, 23 Jan 2025 15:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112168 Section 140(1) and (2) permits a registered person, other than one under the composition scheme, to transfer CENVAT and VAT credit shown in returns for the period ending before the appointed day into the electronic credit ledger as input tax credit, subject to admissibility under GST, furnishing of all returns for the six months immediately preceding the appointed day, and exclusion of credits relating to supplies cleared under exemption notifications; unavailed CENVAT on capital goods may be taken only if admissible under both the existing law and GST. Discussion-Forum GST Mon, 26 Jun 2017 14:49:21 +0530 https://www.taxtmi.com/forum/issue?id=112168