CBIC issues guidelines for claiming GST transitional credit

Live Mint

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…

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