{"id":3683,"date":"2017-06-16T00:58:32","date_gmt":"2017-06-15T19:28:32","guid":{"rendered":""},"modified":"2017-06-16T00:58:32","modified_gmt":"2017-06-15T19:28:32","slug":"itc-transitional-provision-royalty-under-gst-tax-rate-diff-with-earlier-regime","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=3683","title":{"rendered":"ITC, TRANSITIONAL PROVISION,ROYALTY UNDER GST,TAX RATE DIFF WITH EARLIER REGIME"},"content":{"rendered":"<p>ITC, TRANSITIONAL PROVISION,ROYALTY UNDER GST,TAX RATE DIFF WITH EARLIER REGIME<br \/> Query (Issue) Started By: &#8211; RAJESH LANGALIA Dated:- 16-6-2017 Last Reply Date:- 17-6-2017 Goods and Services Tax &#8211; GST<br \/>Got 1 Reply<br \/>GST<br \/>I have following query which you please reply as soon as possible with reference to section and law :<br \/>\n1. as on 30.06.2017, I have input credit lying in Capital Work in progress in terms of civil foundation work for plant and machinery. Will I be able to claim it as Input tax credit in GST regime as per provisions of 140 (2) of CGST act ?<br \/>\n2. If I am paying Royalty to Government, whether it would be subjected to GST and thereby would be able to avail credit of that?<br \/>\n3. In current tax regime, I am manufacturing non e<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/forum\/issue?id=112078\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITC, TRANSITIONAL PROVISION,ROYALTY UNDER GST,TAX RATE DIFF WITH EARLIER REGIME Query (Issue) Started By: &#8211; RAJESH LANGALIA Dated:- 16-6-2017 Last Reply Date:- 17-6-2017 Goods and Services Tax &#8211; GSTGot 1 ReplyGSTI have following query which you please reply as soon as possible with reference to section and law : 1. as on 30.06.2017, I have &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=3683\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ITC, TRANSITIONAL PROVISION,ROYALTY UNDER GST,TAX RATE DIFF WITH EARLIER REGIME&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3683","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3683"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3683\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}