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Transitional Credit on non - moving inputs, Goods and Services Tax - GST |
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Transitional Credit on non - moving inputs |
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XYZ reversed the CENVAT credit during Excise regime on slow / non – moving inputs for which provision was made in the books of accounts to write off the same. During GST regime, again re – credit of the same was taken under the transitional credit provisions since there is no such requirement under the GST provisions. Show Cause Notice issued for such wrong availment of transitional credit. Any case law or circular or clarification to defend the case? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Dear Sir, Can you post relevant contents of SCN ? If posted, it will be convenient to trace out any authority in your favour. Page: 1 Old Query - New Comments are closed. |
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