Transitional Credit – The Battle Continues
“Heads, I win, Tail, you loose”, a high-minded aphorism that would well articulate the actions of the Government in the amendments effected on the subject to transitional credit. Interestingly, this issue continues to boggle industry even as the famed law “ Goods & Services Tax ” (“GST”) approaches its fourth anniversary. It is no secret that the views of even the executive have chan…