Chairman, CBEC has issued letter for verification of GST transitional credit.
Important points in GST Transitional Credit:
Field formations have completed preliminary verification of GST Transitional credit. Further steps would now be taken to verify the correctness of the Transitional credit, in a more focused and rigorous manner.
Credit verification shall remain one of the focus areas in the year 2018-19.
Credit verification to take place by CGST authorities even if the jurisdiction is with the state
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