25 March 2017
Dear sir, A registered taxable person, other than a person opting to pay tax under section 9, shall be entitled to take, in his electronic credit ledger, credit of the amount of Value Added Tax [and Entry Tax] carried forward in the a return relating to the period ending with the day immediately preceding the appointed day, furnished, by him under the earlier law, not later than ninety days after the said day, in such manner as may be prescribed: please tell us what is the meaning of not later than 90 days?
31 March 2017
As per my view, 90 Days here means that to claim credit carried forward in Return, last return before GST has to be filed within 90 days of last day of concerned period i.e. Day before appointed date.
CAclubindia
