Transition credit

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Chartered Accountant
7550 Points Posted on 18 March 2021

How do i avail transition credit in GST

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On 18 March 2021 at 00:39 Report
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You cannot claim transition credit under GST. To avail Input Tax Credit (ITC), you must meet four conditions as per Section 16(2) of the CGST Act 2017, including the receipt of goods or services. The time limit for claiming transition credit has now expired.

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3924 Points Posted on 18 March 2021
No you can not avail transit credit in GST , because as per section 16 (2) of the CGST act 2017 , you have to fulfil 4 Conditions to avail ITC , and one of condition is you must receive Goods or Services .
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On 18 March 2021 at 07:07
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GST Consultant
15986 Points Posted on 18 March 2021
The time to avail transition credit has expired
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On 18 March 2021 at 22:45

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