https://www.taxtmi.com/article/detailed?id=7581 Transitional input tax credit may be carried forward into the electronic credit ledger for registered persons (excluding composition taxpayers) where the credit is admissible under GST, required prior law returns for the six months preceding the appointed day are filed, and credits related to exempt supplies or unsubstantiated Central Sales Tax claims are excluded; substantiated CST claims remain refundable under prior law. Capital goods, job work returns, sales returns, and goods sent on approval are subject to specified timeframes for return to avoid recovery or tax liability, with prescribed forms and refund procedures governing adjustments and pending appeals. en-us Tue, 29 Aug 2017 15:35:45 +0530 Tue, 29 Aug 2017 15:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7581 Transitional input tax credit may be carried forward into the electronic credit ledger for registered persons (excluding composition taxpayers) where the credit is admissible under GST, required prior law returns for the six months preceding the appointed day are filed, and credits related to exempt supplies or unsubstantiated Central Sales Tax claims are excluded; substantiated CST claims remain refundable under prior law. Capital goods, job work returns, sales returns, and goods sent on approval are subject to specified timeframes for return to avoid recovery or tax liability, with prescribed forms and refund procedures governing adjustments and pending appeals. Articles Goods and Services Tax - GST Tue, 29 Aug 2017 15:35:45 +0530 https://www.taxtmi.com/article/detailed?id=7581