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    <title>Directions under Section 168 of the CGST Act regarding non-transition of CENVAT credit under section 140 of CGST Act or non-utilization thereof in certain cases-reg.</title>
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    <description>Registered persons must not utilize in the electronic credit ledger any CENVAT credit adjudicated as inadmissible (&quot;disputed credit&quot;) or amounts ineligible under the Act (&quot;blocked credit&quot;); unauthorized utilization will be recovered with interest and penalty. If such transitional credit exceeds the prescribed threshold, taxpayers must furnish an undertaking to the jurisdictional Central Government officer that the credit has not been and will not be utilized.</description>
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    <pubDate>Fri, 23 Feb 2018 00:00:00 +0530</pubDate>
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      <title>Directions under Section 168 of the CGST Act regarding non-transition of CENVAT credit under section 140 of CGST Act or non-utilization thereof in certain cases-reg.</title>
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      <description>Registered persons must not utilize in the electronic credit ledger any CENVAT credit adjudicated as inadmissible (&quot;disputed credit&quot;) or amounts ineligible under the Act (&quot;blocked credit&quot;); unauthorized utilization will be recovered with interest and penalty. If such transitional credit exceeds the prescribed threshold, taxpayers must furnish an undertaking to the jurisdictional Central Government officer that the credit has not been and will not be utilized.</description>
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      <pubDate>Fri, 23 Feb 2018 00:00:00 +0530</pubDate>
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