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    <title>Transition Credit</title>
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    <description>Where service tax was paid on advances received as land or development rights for supplies made after the appointed day, the taxable person is entitled to take transition credit of that service tax to the extent of post-appointed-day supplies. The prescribed mechanism requires an electronic declaration in the prescribed form specifying the proportion of such supplies and the admissible input tax credit, and the statutory language makes submission of that declaration mandatory within the prescribed period.</description>
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      <title>Transition Credit</title>
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      <description>Where service tax was paid on advances received as land or development rights for supplies made after the appointed day, the taxable person is entitled to take transition credit of that service tax to the extent of post-appointed-day supplies. The prescribed mechanism requires an electronic declaration in the prescribed form specifying the proportion of such supplies and the admissible input tax credit, and the statutory language makes submission of that declaration mandatory within the prescribed period.</description>
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