Denial of carry forwarding of CESS credit into GST - Course of action



On introduction of GST, the credit of taxes under the existing law, predominantly Central Excise, Service Tax and Value Added Tax, was allowed to be carry forwarded vide the transitional provision either as Central Goods and Service Tax (CGST) or State Goods and Service Tax (SGST) as the case may be accordingly taxpayers did carry forwarded the credit by filing transactional credit by filing Form TRAN -01. The common observation of the department during the transitional credit verification is th
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1999
(Excl. of GST ₹359)

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About the Author

CA

A law graduate from Osmania University and Practicing Advocate at High court. He is also Chartered Accountant and was a Partner in Hiregange Associates LLP before starting of advocate practice. He has cleared Certificate course on IBC conducted by ICAI. He regularly appears before High court of Telangana and Andhra ... Read more

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