Recovery of arrears under GST: procedure for collecting pre-GST VAT and reversing inadmissible transitional input tax credit. Where proceedings under the existing law result in recoverable value added tax, entry tax, other State levies or inadmissible input tax credit, such amounts shall, unless recovered under the existing law, be recovered as arrears of tax under the HPGST Act. Inadmissible transitional credit and corresponding tax liabilities must be paid by utilising balances in the registered person's electronic credit or cash ledger and recorded in Part II of the Electronic Liability Register (FORM GST PMT-01). Interest, penalty and late fee are to be recovered from the electronic cash ledger and similarly recorded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of arrears under GST: procedure for collecting pre-GST VAT and reversing inadmissible transitional input tax credit.
Where proceedings under the existing law result in recoverable value added tax, entry tax, other State levies or inadmissible input tax credit, such amounts shall, unless recovered under the existing law, be recovered as arrears of tax under the HPGST Act. Inadmissible transitional credit and corresponding tax liabilities must be paid by utilising balances in the registered person's electronic credit or cash ledger and recorded in Part II of the Electronic Liability Register (FORM GST PMT-01). Interest, penalty and late fee are to be recovered from the electronic cash ledger and similarly recorded.
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