<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Transitional Credit</title>
    <link>https://www.taxtmi.com/forum/issue?id=115472</link>
    <description>Transitional entitlement to input tax credit exists where tax was paid and inputs were used pre GST; a delay in receipt or accounting of the supplier invoice after physical receipt and consumption is a procedural timing difference that does not automatically defeat the substantive right to claim credit, though the revenue may issue show cause notices and litigation may be necessary to obtain relief when documentary evidence supports the genuine transaction.</description>
    <language>en-us</language>
    <pubDate>Mon, 30 Sep 2019 15:44:29 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:54:58 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=589249" rel="self" type="application/rss+xml"/>
    <item>
      <title>Transitional Credit</title>
      <link>https://www.taxtmi.com/forum/issue?id=115472</link>
      <description>Transitional entitlement to input tax credit exists where tax was paid and inputs were used pre GST; a delay in receipt or accounting of the supplier invoice after physical receipt and consumption is a procedural timing difference that does not automatically defeat the substantive right to claim credit, though the revenue may issue show cause notices and litigation may be necessary to obtain relief when documentary evidence supports the genuine transaction.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Mon, 30 Sep 2019 15:44:29 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=115472</guid>
    </item>
  </channel>
</rss>