https://www.taxtmi.com/article/detailed?id=7914 The core legal point is that the High Court addressed only the cross utilisation of unutilised Cess credits, ruling that such credits could not be applied beyond the narrow concessions in the CENVAT Rules to discharge excise or service tax liabilities; it did not rule on the separate issue of CENVATABILITY. Because Cess was treated as CENVAT credit under the predecessor rules and there was no statutory lapse, the GST transition provision permitting carry forward of recognised CENVAT balances operates independently and supports carrying such Cess balances into GST. en-us Sat, 10 Mar 2018 06:54:54 +0530 Sat, 10 Mar 2018 06:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7914 The core legal point is that the High Court addressed only the cross utilisation of unutilised Cess credits, ruling that such credits could not be applied beyond the narrow concessions in the CENVAT Rules to discharge excise or service tax liabilities; it did not rule on the separate issue of CENVATABILITY. Because Cess was treated as CENVAT credit under the predecessor rules and there was no statutory lapse, the GST transition provision permitting carry forward of recognised CENVAT balances operates independently and supports carrying such Cess balances into GST. Articles Goods and Services Tax - GST Sat, 10 Mar 2018 06:54:54 +0530 https://www.taxtmi.com/article/detailed?id=7914