Section 197 - Transitional provisions for availing Cenvat credit in certain cases - MODEL GST LAW - Draft The Central / State Goods and Services Tax Act, 2016 - [November 2016]

197. Transitional provisions for availing Cenvat credit in certain cases Where any Cenvat credit availed for the input services provided under the earlier law has been reversed due to non-payment of the consideration within a period of three months, such credit can be reclaimed provided that the taxable person has made the payment of the consideration for that supply of services within a period of three months from the appointed day. (CGST Act)