https://www.taxtmi.com/article/detailed?id=7926 TRAN-2 permits transitional input credit for taxpayers not registered under prior law subject to the proviso's condition that prior duty payment evidence is unavailable; procurement documentation is required though it need not be a prior law tax invoice. Credits must be passed through reduced pricing, filers' details may be shared with the Anti Profiteering Committee, and incorrect claims can lead to credit reversal with interest and discretionary penalties. en-us Tue, 20 Mar 2018 07:48:47 +0530 Tue, 20 Mar 2018 07:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7926 TRAN-2 permits transitional input credit for taxpayers not registered under prior law subject to the proviso's condition that prior duty payment evidence is unavailable; procurement documentation is required though it need not be a prior law tax invoice. Credits must be passed through reduced pricing, filers' details may be shared with the Anti Profiteering Committee, and incorrect claims can lead to credit reversal with interest and discretionary penalties. Articles Goods and Services Tax - GST Tue, 20 Mar 2018 07:48:47 +0530 https://www.taxtmi.com/article/detailed?id=7926