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14 August, 2017

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Don't Worry - Transitional Input Tax Credit Will be Allowed in GST 3B

Transitional Input Tax Credit Will be Allowed in GST 3B 

In what may a big relief to all GST Fraternity, The Transitional Credit of Pre GST I.e Excise, Service Tax and VAT as on 30.6.2017 shall be eligible to be Claimed in GST 3B for July'17 itself as per recent tweet by Government of India. The Modality of how to claim the Same is yet to be notified.

Below is the Screenshot of Tweet. You can Verify the same by visiting Tweet Handle of Government on India on GST i.e GST@GoI.  





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