https://www.taxtmi.com/news?id=19403 The memorandum urges removal of the six-month cap on deemed transitional credit for pre-GST stock and the three-month limit for reclaiming CENVAT credit on input services; it seeks clarified place-of-supply rules (treat B2B as recipient's location and define "third person") and explicit treatment for goods outside the non-taxable territory; and it recommends replacing frequent invoice-wise returns with a self-assessed return with annexures, permitting return filing without payment, establishing a forum to challenge customs classification, and exempting advances for works contracts from immediate GST. en-us Mon, 22 Jan 2018 10:58:03 +0530 Wed, 11 Feb 2026 15:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19403 The memorandum urges removal of the six-month cap on deemed transitional credit for pre-GST stock and the three-month limit for reclaiming CENVAT credit on input services; it seeks clarified place-of-supply rules (treat B2B as recipient's location and define "third person") and explicit treatment for goods outside the non-taxable territory; and it recommends replacing frequent invoice-wise returns with a self-assessed return with annexures, permitting return filing without payment, establishing a forum to challenge customs classification, and exempting advances for works contracts from immediate GST. News - Mon, 22 Jan 2018 10:58:03 +0530 https://www.taxtmi.com/news?id=19403