https://www.taxtmi.com/news?id=19273 Transitional input tax credit is not available to a manufacturer without excise registration and duty paying documents under Section 140; incorrectly paid tax may be refunded pursuant to a procedural circular or adjusted against future liabilities; unregistered suppliers below the turnover threshold may supply services to SEZ entities; advances for goods are not taxable; ITC cannot be claimed for goods lost, stolen, destroyed or written off, and specified filing deadlines apply for ITC returns. en-us Fri, 29 Dec 2017 16:06:10 +0530 Fri, 29 Dec 2017 16:06:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19273 Transitional input tax credit is not available to a manufacturer without excise registration and duty paying documents under Section 140; incorrectly paid tax may be refunded pursuant to a procedural circular or adjusted against future liabilities; unregistered suppliers below the turnover threshold may supply services to SEZ entities; advances for goods are not taxable; ITC cannot be claimed for goods lost, stolen, destroyed or written off, and specified filing deadlines apply for ITC returns. News - Fri, 29 Dec 2017 16:06:10 +0530 https://www.taxtmi.com/news?id=19273