https://www.taxtmi.com/article/detailed?id=10293 Transitional credit does not create a new right to claim refund; transitional provisions preserve existing entitlements and prescribe refund modalities without reviving extinguished rights or creating fresh ones. The refund proviso prevents double recovery by barring simultaneous retention of transitional credit and refund for the same tax. Input services received after the appointed day qualify only where the supplier paid tax under the prior law and the recipient records invoices within the prescribed post-appointed-day period. en-us Fri, 25 Feb 2022 13:46:15 +0530 Fri, 25 Feb 2022 14:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10293 Transitional credit does not create a new right to claim refund; transitional provisions preserve existing entitlements and prescribe refund modalities without reviving extinguished rights or creating fresh ones. The refund proviso prevents double recovery by barring simultaneous retention of transitional credit and refund for the same tax. Input services received after the appointed day qualify only where the supplier paid tax under the prior law and the recipient records invoices within the prescribed post-appointed-day period. Articles Goods and Services Tax - GST Fri, 25 Feb 2022 13:46:15 +0530 https://www.taxtmi.com/article/detailed?id=10293