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Tran -1 issue
sir. While filing Tran-1, one of the dealer claimed central excise duty as SGST credit as against IGST credit and utilized the same and on the verification of the same by the proper officer, the same was disallowed, along with interest and penality and accordingly bank attachment is given. Now any remedy to rectify the same or any remedy available through legal process. Kindly advise.
Replies (1)
You should challenge the department's order by emphasizing that the error was an inadvertent clerical mistake rather than tax evasion. Leverage the principle of "revenue neutrality" and cite High Court rulings that protect taxpayers from losing legitimate credit due to technical errors in TRAN-1. Immediate action should include filing a formal response to the order and considering an appeal or writ petition to halt coercive measures like bank attachment.
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ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
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CCI
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CAclubindia
