Will CENVAT credit (or VAT credit) carried forward in the last return prior to GST under existing law be available as ITC under GST?
Question 1
Bill
Transitional Provisions
Faq On GST (2nd Edition) Dated 31.3.2017
24. Transitional Provisions
\nQ 1. Will CENVAT credit (or VAT credit) carried forward in the last return prior to GST under existing law be available as ITC under GST?
\nAns. A registered person, other than a person opting to pay tax under composition scheme, shall be<\/p>\n
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