Transitional Provisions relating to Credit of unavailed Cenvat credit in capital goods

, Last updated: 09 December 2017 Share Follow on Google News

As per section 140(2) of the GST Act company shall be allowed to carry forward the unavailed CENVAT credit on capital goods not carried forward in return for the period immediately preceding the appointed date. The credit on capital goods shall be allowed only when it is allowable under existing law

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I am a Chartered Accountant by profession. I work in the field of GSTin the well known firm. I write articles on GST on CA club as well as make videos on GST and publish the same on youtube. For videos on GST you can visit my channel For any queries relating to GST feel free to contact me

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Transitional Provisions relating to Credit of unavailed Cenvat credit in capital goods

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