CBIC issues guidelines for claiming GST transitional credit
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of guidelines for businesses to claim credit for the taxes paid in the pre-GST era, which will be processed from 1 October. An official order from CBIC said that taxpayers can file fresh forms or revised earlier forms for the GST transitional credit on the common portal. Taxpayers will be allowed to down…