Recovery of arrears: legacy CENVAT credit and unpaid duties must be collected as GST arrears through electronic ledgers. Amounts of wrongly availed or carried forward CENVAT credit and recoverable central excise duty or service tax that remain unrecovered under the existing law shall be recovered as arrears of tax under the CGST regime and recorded in Part II of the Electronic Liability Register (FORM GST PMT 01). Interest, penalty and late fee connected to such recoveries shall be paid from the electronic cash ledger and similarly recorded. Where recovery under the existing law is feasible it may be pursued; otherwise the prescribed GST recovery procedure applies.
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: legacy CENVAT credit and unpaid duties must be collected as GST arrears through electronic ledgers.
Amounts of wrongly availed or carried forward CENVAT credit and recoverable central excise duty or service tax that remain unrecovered under the existing law shall be recovered as arrears of tax under the CGST regime and recorded in Part II of the Electronic Liability Register (FORM GST PMT 01). Interest, penalty and late fee connected to such recoveries shall be paid from the electronic cash ledger and similarly recorded. Where recovery under the existing law is feasible it may be pursued; otherwise the prescribed GST recovery procedure applies.
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