Transition of Input Tax Credit to GST: Scaling Down ITC for VAT/CST Liabilities Explained.

Transition of Input Tax Credit to GST: Scaling Down ITC for VAT/CST Liabilities Explained. https://www.taxtmi.com/highlights?id=48652 Transition/migration of ITC - scaling down of ITC which is capable of migration / capable of transition into the GST Regime - Part of ITC given up and sought to be adjusted with VT / CST liability - Revenue directed to verify the facts and details and take decision accordingly. en-us Wed, 14 Aug 2019 07:06:28 +0530 Wed, 14 Aug 2019 07:06:28 +0530 TaxTMI RSS Generator Transition of Input Tax Credit to GST: Scaling Down ITC for VAT/CST Liabilities Explained. https://www.taxtmi.com/highlights?id=48652 Transition/migration of ITC - scaling down of ITC which is capable of migration / capable of transition into the GST Regime - Part of ITC given up and sought to be adjusted with VT / CST liability - Revenue directed to verify the facts and details and take decision accordingly. Highlights GST Wed, 14 Aug 2019 07:06:28 +0530 https://www.taxtmi.com/highlights?id=48652