TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CENVAT credit can be claimed as input tax credit under GST if admissible; recoverable credits become tax arrears.</h1> A registered taxable person can claim CENVAT credit from a previous return as input tax credit in their electronic credit ledger under the Goods and Services Tax Act, 2016, provided it was admissible under both the earlier and current laws. If this credit is later deemed recoverable due to legal proceedings, it will be treated as a tax arrear. This provision applies similarly to Value Added Tax credits under both the Central and State GST laws, ensuring continuity and compliance with transitional tax regulations.
TaxTMI 
TaxTMI 
