Proprietors, LLPs, HUFs under CBEC scanner for claiming transitional credit

Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, have come under the scanner of CBEC for claiming input tax credit . The Central Board of Excise and Customs (CBEC), according to sources, has shared the list of such entities, along with the returns filed and transitional credit claimed, with the field officers. This exercise is aimed at ch…