transitional provisions - ISD

harish sama (Article assistant) (81 Points)

18 December 2017  
sec 140(7) of CGST Act. why can't an ISD distribute the input tax credit in respect of input GOODS recieved by it prior to appointed day i.e. 01/07/2017 while the ITC on services received earlier can be availed by it..... i am unable
get the logic here.... help me.