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Amendment Tree

Press Release No. 99 - Other

❱ CBEC Press Release dt 22.09.2017 on Clarification About Transition Credit.

AA |

There are lot of speculations in the media about the credit of â‚¹ 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression that because of â‚¹ 65,000 crore claimed as transition credit, the income of Government this month has plummeted. Firstly, â‚¹ 65,000 crore is the credit claimed by the taxpay.......