Transitional provisions relating to closing stock

Transitional Provisions:

Dealt by section 140 of GST Act.

Eligible Duties

1. Additional Duty of excise leviable U/ 3

1. Good of special importance Act
2. Textile& textile Articles Act

1. Additional Duty Leviable U/s 3(1) &(5) Customs tariff act
2. Duties of Excise specified in the 1st & 2nd Schedule of Central Exercise Tariff Act
3. National calamity contingent duty
4. VAT
5. Entry tax

Taxes

1. Service Tax

What can be carry forward?

Credit Carry forward  under existing law/ on goods held in stock on appointed Day

Who is eligible person?

Registered Person

Which form to be filed?

FORM GST TRAN-1

Due Date?

Within 90 Days from appointed date ( may be extended by 90 more days)