https://www.taxtmi.com/forum/issue?id=112610 Transitional CENVAT/VAT credit may be utilised for GST liabilities only after meeting statutory eligibility and procedural conditions: the credit must be admissible as input tax credit, requisite past-period returns under existing laws must be filed, and the recipient must submit the prescribed declaration in TRAN-1 so that eligible legacy credit migrates to the electronic credit ledger; inward-supply invoices must be uploaded by suppliers. Without carryforward via last return or TRAN-1, legacy credits are not available and only current-period GST purchases are eligible for credit. en-us Wed, 16 Aug 2017 18:49:33 +0530 Thu, 23 Jan 2025 15:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112610 Transitional CENVAT/VAT credit may be utilised for GST liabilities only after meeting statutory eligibility and procedural conditions: the credit must be admissible as input tax credit, requisite past-period returns under existing laws must be filed, and the recipient must submit the prescribed declaration in TRAN-1 so that eligible legacy credit migrates to the electronic credit ledger; inward-supply invoices must be uploaded by suppliers. Without carryforward via last return or TRAN-1, legacy credits are not available and only current-period GST purchases are eligible for credit. Discussion-Forum GST Wed, 16 Aug 2017 18:49:33 +0530 https://www.taxtmi.com/forum/issue?id=112610