9911796707
TMI Blog2024 (11) TMI 451X X X X Extracts X X X X X X X X Extracts X X X X ..... ut of the GST and the petitioner might not be aware of the documents which were required to have been produced in support of its claim for transitional credit. In view thereof, it is opined that the petitioner should be afforded one more opportunity to produce all the documents before the Assessing Officer in support of his claim regarding transitional credit. The petitioner is directed to appear ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ioner s claim for transitional credit in TRAN -1 and TRAN 2 has been denied in the impugned order and the tax to that extent, penalty and interest has been levied. 2. The stand of the petitioner that the petitioner has filed the application claiming the transitional credit to an extent of Rs. 1,40,559/-. This was availed by the petitioner in the return filed under the GST statute for the financial ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... preceding the appointed day of 1st July, 2017. It is also stated in the Statement that; in order to claim TRAN 2 credit, the benefit of such credit is to be passed on to the recipient by way of reduced prices. On verification of the documents produced by the petitioner, it appears that the petitioner has not passed on the benefit of credit to the recipients. Further, the petitioner failed to prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aside. The petitioner is directed to appear before the 1st respondent on 05.03.2024 with all the relevant documents in support of his claim for transitional credit. If the petitioner fails to appear on 05.03.2024 and is unable to substantiate his claim by documentary evidence, the Assessing Officer would be free to pass the order. It is also made clear that no further opportunity shall be afforded ..... X X X X Extracts X X X X X X X X Extracts X X X X
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