https://www.taxtmi.com/caselaws?id=361935 The AAR Uttarakhand ruled on transitional credit carry forward post-GST implementation for construction materials like cement, sand, and steel held as closing stock on 30-06-2017. The authority held that despite the applicant operating under composition scheme under Uttarakhand VAT laws, transitional credit under GST regime is permissible if all five conditions under section 146(6) are satisfied. The applicant remains eligible for input tax credit of transitional credit upon meeting the statutory requirements. en-us Fri, 20 Apr 2018 00:00:00 +0530 Sat, 22 Feb 2025 12:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361935 The AAR Uttarakhand ruled on transitional credit carry forward post-GST implementation for construction materials like cement, sand, and steel held as closing stock on 30-06-2017. The authority held that despite the applicant operating under composition scheme under Uttarakhand VAT laws, transitional credit under GST regime is permissible if all five conditions under section 146(6) are satisfied. The applicant remains eligible for input tax credit of transitional credit upon meeting the statutory requirements. Case-Laws GST Fri, 20 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361935