Transitional CGST credit eligibility: verification protocol requires statutory entitlement, no duplicate claims, and supplier reconciliation. Guidance prescribes that only CENVAT credits expressly authorised by section 140 and related rules may be transitioned, and the same credit cannot be taken twice. It maps the key TRAN 1 tables to categories of pre GST credit (closing return balances, unavailed capital goods instalments, inputs held on the appointed day, transit receipts, ISD distributions, centralised unit distributions, and supplies attracting both VAT and service tax) and sets out table specific verification checks including return reconciliation, exclusion of ineligible duties, supplier invoice and CTD verification, stock validation, prevention of duplicate claims, and enhanced scrutiny for taxpayers with unusual credit growth. Central CGST officers are designated to verify transitional credits and taxpayers must self correct excess claims.
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.
Transitional CGST credit eligibility: verification protocol requires statutory entitlement, no duplicate claims, and supplier reconciliation.
Guidance prescribes that only CENVAT credits expressly authorised by section 140 and related rules may be transitioned, and the same credit cannot be taken twice. It maps the key TRAN 1 tables to categories of pre GST credit (closing return balances, unavailed capital goods instalments, inputs held on the appointed day, transit receipts, ISD distributions, centralised unit distributions, and supplies attracting both VAT and service tax) and sets out table specific verification checks including return reconciliation, exclusion of ineligible duties, supplier invoice and CTD verification, stock validation, prevention of duplicate claims, and enhanced scrutiny for taxpayers with unusual credit growth. Central CGST officers are designated to verify transitional credits and taxpayers must self correct excess claims.
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