1Assistant Professor, Department. of Economics, Government College for Women Mokhra, Rohtak (India)
2Assistant Professor, Department. of Commerce, Government College Bahu, Haryana (India)
The GST will consolidate all state economies. It will be one of the biggest tax reforms to take place in India. The basic idea is to create a single, cooperative and undivided Indian market to make the economy stronger and powerful. The GST will make a significant breakthrough paving way for an all-inclusive indirect tax reform in the country. The main objective of the study is to discuss various transitional provisions in case of GST in India. The main provisions discussed here include basic transitory provisions in GST dealing with migration of existing registrants, amount of CENVAT credit held by Registrants, taking credit of eligible duties on input (not capital good) held in stock, input service distributor, refund in case of tax deposited in various cases and provisions relating to periodic supply, etc. These provisions will help the businessmen in understanding their queries relating to various issues relating to transitional provisions of GST in India
GST, Transitional Provisions, Input
