Transitional Credit on non - moving inputs

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Transitional Credit on non - moving inputs
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 14-1-2021 Last Reply Date:- 15-1-2021 Goods and Services Tax - GST
Got 1 Reply
GST
XYZ r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eversed 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 sa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... me 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 la .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... w or circular or clarification to defend the case? Reply By KASTURI SETHI: The Reply: Dear Sir, Can you post relevant contents of SCN ? If posted, it will be convenient to trace out any authority .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in your favour.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X