GST Law Section-142 - Other Provision of Sub-Section for Interim Period - Incometaxguides.in

Other provisions of sub-section for interim period: Section-142
You are Read the Information about GST in Act of Provision of Input Tax Credit or No Input Tax Credit. You are Read the Possibilities of Claimed in Input Tax Credit in Last One Year or available stock tax Credit. As under read the Possibilities are also available in Give a Tax Credit in GST Ledger. You are Read the Other Provision of Sub Section for Interim Period in  Section 142 GST law. As under read the Information about 1 to 16 Possibilities and Provision about GST Section 142.
1. During the period not before the previous six months of GST law, the person having a registration number will be filled up by the excise duty while disposing or selling the goods or the sale of the goods will be VAT and the goods will be registered during the period of six months after the GST law enforcement. If the goods are returned by the person not having the number, then the registered number will be refunded to the existing excise duty of the filled Excise Duty. Yield and VAT refund will be available under current VAT law. However, when such goods are returned by the person with the registration number, such goods will be considered to be supplied with the supply of goods.

2. When the GST is increased after the execution of GST law in the price determined in relation to the goods or services made before the execution of the law or both of the service or both of the contract, the registration number of the person who has registered the GST law for the increase in the amount of goods or services supplied before the GST law or both Supplementary bill or debit note will be given in 30 days from the day the price will be increased. The rate of supplementary bill or debit note given for the increase in the price will be considered as a supply or goods made under GST law and will be taxed at the prescribed rate.

3. When the price fixed in relation to the supply of goods or services made before GST Act or both of the service or both of them is reduced, the person having the registration number for the reduction in the price of the goods or services supplied earlier or after the execution of the GST Act The day in which the rate has been reduced, the credit note will be given in 30 days for the reduction in cost. The value of the credit given will be reduced in the amount of the goods or services or goods sold under the GST Act. The registered person will be asked to reduce the amount of the tax in relation to credit notes only when the credit note is given to the amount paid by the amount Taxes will be reduced in the branch

4. Any person can claim a refund of a private credit claim, interest or any other amount, under the VAT Act or the amount of input tax credit, interest or any amount refunded under VAT law, before or after the execution of the GST Act. Under the provisions of the Disposal Settlement Act or VAT Act, the refund should be made in cash, ie the amount of such refund is registered. An electronic credit lacquer or electronic cash laser will not be deposited in a wallet unless the refund claim is partly or fully rejected, its rejected amount will be counted as lapsed.In addition, when the amount of input tax credit of the senate credit or VAT law deposited on the day of GST law enforcement will be refunded, then the refund of the amount will not be available in the GST Act.

5. Whenever a claim of refund of excise duty or VAT amount is filled with existing law in relation to the current duty of goods or services, the disposal of such refund claims should also be done under the provisions of the excise or VAT law, when the Senvet credit or VAT law Input credit is either partially or completely rejected, which means that the amount rejected or lapsed Of
In addition, when the amount of Input Tax Credit under the GST Act, which is credited to the GST Act, the refund of the amount will not be available at the time of the GST Act.

6. Under the provisions of the provision of service tax, the provision for refund of settlement of refund claims amounting to the existing law of service tax is not available, even if the claim is made after the implementation of the GST Act, will still be done under current law and the amount refundable Cash will be levied.

7. Every appeal relating to claims related to CENVAT credits or references to the GST Act will be disposed of on the day of execution of the law or thereafter according to the existing law and payment of refund of receivable CENVAT credit will also be made according to current law and rejected CENVAT Credit input will not be available under the Tax Credit GST Act.When the CENVAT credit in which the person is dragged, a refund of such amount will not be paid.

8. Every appeal, review or reference relating to the claims of private credits will be disposed of on the day of execution of GST Act or subsequent action under the provisions of the existing law and the recovery of the CENVAT credit to be realized as a result of the appeal review or reference judgment, If the tax is not done according to the law, the remaining amount will be recovered under the GST Act. And the input tax credit of the CENVAT credit charged will not be available in the GST Act.

9. Every appeal, review or reference relating to the claim of the output credit shall be disposed of on the day of execution of GST Act or subsequent action on the basis of the existing law and recovery of the CENVAT credit to be charged as a result of the appeal review or reference judgment, If not, then the remaining recovery will be collected under the GST Act and the VAT Input tax credits made by CENVAT credits will not be available in GST Act.

10. Every appeal, review or reference pertaining to the output of the duty will be initiated on or after the execution of the GST Act on the day of the execution of the law or according to the provision of the existing law, and the payment of the refund of the Output Duty to be paid as a result of an appeal review or reference According to the provision of the law, the amount of such output duty will be declined if the amount of input Tax credits will not be available in GST Act.

11. Tax to be collected as a result of the existing law-based assessment or the process of Adjudication initiated on or after the execution of the GST Act, if the amount of interest or penalty recovery is not possible according to the provision of existing law, Will be recovered according to the law.

12. According to existing law initiated on or after the execution of the GST Act, the payment of interest or penalty to pay as a result of the payment of a refund as a result of the operation of the Adjudication will be payable in cash in accordance with the existing law, if the amount is refused, Input tax credits will not be available in GST Act.

13. According to the statutory returns issued by the present law, according to the revised returns after the implementation of the law, if the amount of a senate credit was to be recovered, if the amount of such amount could not be done under the existing law, then the remaining amount should be recovered according to the will be GST law.

14. Returns issued under current law, when GST is validated in the prescribed time limit after the execution of the law, and according to the customized return a refund is to be paid in accordance with the provisions of the existing law, whereas the refund amount will be rejected. The amount will not be available in the GST Act as an input tax credit when it is received.

15. As a result of the agreement made before the execution of GST Act, the goods or services made after the execution of GST Act or both will be required to pay tax as per GST Act provision.

16. The goods sent under the permission of the buyer before six months of the execution of the GST Act will not be required to pay any tax on the goods when the GST is not approved or returned in six months from the execution of the law, the time limit of six months. For more than two months, due to showing reason, the time will be increased by the Commissioner, when the goods are bought by the buyer for six months or by commissioner. If the goods are taxable under GST Act, then the buyer will be liable to pay the tax as it has been supplied to the buyer, if it is not returned in the time limit prescribed.
In addition, if the goods are taxable under the GST Act, then the goods will not be returned within six months or the time limit extended by the commissioner, the submitter will also be responsible for paying the tax on the goods.

17. When the sale of goods which are to be deducted from the original place under the provision of GST Act on a goods has been done before the execution of the GST Act and its bill will also be issued before the execution of GST Act and if the goods payable Tax deduction under section 15 of the GST Act will not be deducted if the tax is made after the implementation of the law.













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