https://www.taxtmi.com/forum/issue?id=118813 Notifications in 2022 and Notification No. 09/2023 extended the time limit for issuance of recovery orders for FY 2017-18 to 31 December 2023, rendering a DRC-01 issued on 28/09/2023 within the extended limitation period. On the substantive issue, GST on stock transferred into the composition scheme is exigible only where VAT was not paid or transitional credit not accounted for; composition dealers cannot carry forward input tax credit, and charging GST where VAT was already paid may amount to double taxation. en-us Tue, 17 Oct 2023 23:40:18 +0530 Thu, 23 Jan 2025 14:20:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118813 Notifications in 2022 and Notification No. 09/2023 extended the time limit for issuance of recovery orders for FY 2017-18 to 31 December 2023, rendering a DRC-01 issued on 28/09/2023 within the extended limitation period. On the substantive issue, GST on stock transferred into the composition scheme is exigible only where VAT was not paid or transitional credit not accounted for; composition dealers cannot carry forward input tax credit, and charging GST where VAT was already paid may amount to double taxation. Discussion-Forum GST Tue, 17 Oct 2023 23:40:18 +0530 https://www.taxtmi.com/forum/issue?id=118813