Can an entity that does has not migrated to GST (secondary migration) before 01.07.2017, be eligile to utilize the credit of ST, VAT and ED carried forward uptil 30.06.2017 under transitional provisions?
Aruna (Student) (55 Points)
14 June 2017Can an entity that does has not migrated to GST (secondary migration) before 01.07.2017, be eligile to utilize the credit of ST, VAT and ED carried forward uptil 30.06.2017 under transitional provisions?
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 14 June 2017
Aruna
(Student)
(55 Points)
Replied 14 June 2017
My query was whether on not migrating before the specified date, do i miss out on the carry forward of unutilized credit.
Since you say we will be automatically migrated, i guess we can carry forward the credit.
Thank you Preeti!
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 14 June 2017
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
