https://www.taxtmi.com/forum/issue?id=118116 Transitional input tax credit carried forward from the old regime may be used to offset output tax on supplies of pre transition stock and does not automatically engage anti profiteering. However, any additional tax credit arising under transitional provisions or the new regime that produces an incremental tax advantage can attract anti profiteering obligations requiring benefits to be passed to customers. en-us Sun, 14 Aug 2022 09:09:24 +0530 Thu, 23 Jan 2025 15:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118116 Transitional input tax credit carried forward from the old regime may be used to offset output tax on supplies of pre transition stock and does not automatically engage anti profiteering. However, any additional tax credit arising under transitional provisions or the new regime that produces an incremental tax advantage can attract anti profiteering obligations requiring benefits to be passed to customers. Discussion-Forum GST Sun, 14 Aug 2022 09:09:24 +0530 https://www.taxtmi.com/forum/issue?id=118116