https://www.taxtmi.com/article/detailed?id=7496 Section 142(11) prevents GST on portions of supplies already leviable under prior regimes: VAT for goods and service tax for services; where both VAT and service tax were paid pre appointed day, GST applies post appointed day but the taxpayer may claim input credit of those pre GST taxes for supplies made after the appointed day, subject to prescribed calculation and filing in Form GST TRAN 1 and applicable rules. Time of supply (sale/invoice for goods; invoice/completion/payment for services) determines whether the earlier levy covers the supply, and advances taxed pre appointed day reduce GST liability to the extent already leviable. en-us Sat, 08 Jul 2017 07:38:27 +0530 Sat, 08 Jul 2017 07:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7496 Section 142(11) prevents GST on portions of supplies already leviable under prior regimes: VAT for goods and service tax for services; where both VAT and service tax were paid pre appointed day, GST applies post appointed day but the taxpayer may claim input credit of those pre GST taxes for supplies made after the appointed day, subject to prescribed calculation and filing in Form GST TRAN 1 and applicable rules. Time of supply (sale/invoice for goods; invoice/completion/payment for services) determines whether the earlier levy covers the supply, and advances taxed pre appointed day reduce GST liability to the extent already leviable. Articles Goods and Services Tax - GST Sat, 08 Jul 2017 07:38:27 +0530 https://www.taxtmi.com/article/detailed?id=7496