Transitional Credit- VAT to GST

[VIGNESH]

sir .during VAT regime i have paid advance tax under section 12 during 2017 January and as GST was implemented in July i just C/fd in Tran-1 and started set off against ITC payable, now the department is raising notice that i should apply only for the refund of excess tax under VAT and I should not setoff in GST. is that correct? can I prefer appeal?

AI Summary

Dispute Over Transitioning VAT Advance Tax to GST: Correct Process Under Section 140 of TN GST Act Questioned A user inquired about transitioning advance tax paid under the VAT regime to the GST system, specifically questioning if setting off against Input Tax Credit (ITC) was correct after filing Tran-1. The tax department issued a notice suggesting that a refund for excess VAT should have been applied instead. Responses included a request for clarification on the applicable VAT Act section, agreement with the department's stance, and a suggestion to verify the correct transition under section 140 of the TN GST Act, indicating a potential dispute on the transition process.