Will the CENVAT/ITC carried forward in the last return prior to GST under earlier law be available as ITC under GST?

Will the CENVAT/ITC carried forward in the last return prior to GST under earlier law be available as ITC under GST?
Question 1
Bill
Transitional Provisions
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 1. Will the CENVAT/ITC carried forward in the last return prior to GST under earlier law be available as ITC under GST?
Ans. Yes, the registered taxable person shall be entitled to such credit and it will get credited to his electronic credit ledger – section 143.
–

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =