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TMI BlogCredit availed through TRAN-1 was denied due to non filing of last 2 months return under VAT lawX X X X Extracts X X X X X X X X Extracts X X X X ..... Credit availed through TRAN-1 was denied due to non filing of last 2 months return under VAT law X X X X Extracts X X X X X X X X Extracts X X X X ..... Services Tax - GST X X X X Extracts X X X X X X X X Extracts X X X X ..... ied forward from VAT return). Department denied the same on account of not filing immediate 3 months returns as per sec 140(1) under VAT law. The provision is specific that last 6 months returns is to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be file to transition the credit from previous regime. My question is although its specific provision based on which its denied, I'm aware of judgments in the previous regime where mere procedura ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l lapse can't deny a significant ITC. May I hear your views on what is the chance before first appellate authority? thank you CA Durairaj Reply By KASTURI SETHI: The Reply: You must challenge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the legal validity of the condition of filing last six months' return. You can be successful and it will pave the way for others. All those who have been denied ITC on this ground should unite and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... challenge the legal validity.
Reply By Ganeshan Kalyani:
The Reply:
I too agree that mere procedural lapse cannot take away the eligibility of input tax credit. Must contest the issue. X X X X Extracts X X X X X X X X Extracts X X X X ..... on Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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