https://www.taxtmi.com/forum/issue?id=112575 Transitional credit cannot be adjusted against opening-month outward supplies until the prescribed transmission form, TRAN-1, is filed and processed; GSTR-3B permits declaration of current-period ITC but does not carry forward legacy VAT/excise/service-tax credits. Pending portal processing, tax authorities may require cash payment of GST liabilities despite taxpayers holding eligible inward GST month credits and prior cenvat balances, leaving registrants to seek administrative clarification or judicial relief where appropriate. en-us Thu, 10 Aug 2017 17:08:39 +0530 Thu, 23 Jan 2025 15:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112575 Transitional credit cannot be adjusted against opening-month outward supplies until the prescribed transmission form, TRAN-1, is filed and processed; GSTR-3B permits declaration of current-period ITC but does not carry forward legacy VAT/excise/service-tax credits. Pending portal processing, tax authorities may require cash payment of GST liabilities despite taxpayers holding eligible inward GST month credits and prior cenvat balances, leaving registrants to seek administrative clarification or judicial relief where appropriate. Discussion-Forum GST Thu, 10 Aug 2017 17:08:39 +0530 https://www.taxtmi.com/forum/issue?id=112575