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Tran 1 credit

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..... Tran 1 credit
Query (Issue) Started By: - Vasudev Mehta Dated:- 15-3-2023 Last Reply Date:- 18-3-2023 Goods and Services Tax - GST
Got 8 Replies
GST
Sir since the TRAN-1 had opened due to the supreme court judgement of Filco - 2022 (7) TMI 1232 - SC ORDER, the client inadvertently for claiming tran credit of centre tax filled table 7(d) instead of 7(a) which pertains to state tax. It .....

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..... got transferred to state tax officer which accordingly informed the centre authority to verify the claim since it was not their claim. The centre authority denied the credit on the ground that the same was filled under wrong table. There are various high court judgements which states that credit cannot be denied in case of clerical mistake. Is this a good case to fight. I invite experts views Rep .....

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..... ly By Amit Agrawal: The Reply: You got good case to fight (although it looks bad, considering mistake happened despite SC giving fresh opportunity to the tax-payer). These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By Amit Agrawal: The Reply: Correction in my earlier post: You got good case to fight (even if it looks bad, conside .....

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..... ring mistake happened despite SC giving fresh opportunity to the tax-payer). These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By Padmanathan Kollengode: The Reply: Yes. Transitional credit is an indefeasible right which cannot be denied merely on technicality or procedural grounds such as declaration in wrong column etc. Moreover, .....

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..... your case is not that you failed to file TRAN 1 form but only that declaration was inadvertantly made in wrong column. This is only a clerical mistake which any human can make. Reply By KASTURI SETHI: The Reply: Have you got any letter for denial of credit or it was verbally refused ? Suchlike denial is not the intention of Govt. Reply By Vasudev Mehta: The Reply: Sir, I have received order d .....

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..... enying transitional credit from the assistant commissioner. Thank you all for your views experts Reply By Shilpi Jain: The Reply: As long as the claim for credit is not inadmissible, mere mention in the wrong table should not lead to denial. Do make an intimation letter to the department. Reply By Shilpi Jain: The Reply: Apologies, do reply to the rejection letter from the department that it w .....

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..... as due to inadvertent error. Reply By Amit Agrawal: The Reply: Once order rejecting the claim is already issued, replying to said officer again will not serve any purpose. Only option to file an appeal against the order. These are ex facie views of mine and the same should not be construed as professional advice / suggestion.
Discussion Forum - Knowledge Sharing .....

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