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    <title>Miscellaneous transitional provisions.</title>
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    <description>Transitional provisions govern refunds, credits and procedural continuity from the existing law to this Act: eligible refunds for returned goods identifiable and returned within stipulated periods; supplementary invoices/debit notes and credit notes for pre appointed contracts with corresponding input tax credit adjustments; disposal of refund claims and appeals under existing law with cash refunds where due and lapsing of rejected claims; recoverable amounts not recovered under the existing law become arrears under this Act and are not admissible as input tax credit; agents may claim credit for principal&#039;s stock subject to prescribed conditions.</description>
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      <title>Miscellaneous transitional provisions.</title>
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      <description>Transitional provisions govern refunds, credits and procedural continuity from the existing law to this Act: eligible refunds for returned goods identifiable and returned within stipulated periods; supplementary invoices/debit notes and credit notes for pre appointed contracts with corresponding input tax credit adjustments; disposal of refund claims and appeals under existing law with cash refunds where due and lapsing of rejected claims; recoverable amounts not recovered under the existing law become arrears under this Act and are not admissible as input tax credit; agents may claim credit for principal&#039;s stock subject to prescribed conditions.</description>
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      <pubDate>Wed, 05 Jul 2017 17:31:09 +0530</pubDate>
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