https://www.taxtmi.com/circulars?id=57388 Directions require that disputed credit (CENVAT credit adjudicated as inadmissible prior to the appointed day) and blocked credit (amounts ineligible under subsection (5) of section 17) shall not be utilised to discharge tax liabilities; if utilised while the adverse order remains in force or where carried contrary to section 140, the credit is recoverable from the taxpayer with interest and penalty. Credits above a specified monetary threshold additionally require an undertaking to the jurisdictional officer that the credit will not be availed or has not been utilised as transitional credit. en-us Wed, 28 Feb 2018 00:00:00 +0530 Tue, 11 Sep 2018 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57388 Directions require that disputed credit (CENVAT credit adjudicated as inadmissible prior to the appointed day) and blocked credit (amounts ineligible under subsection (5) of section 17) shall not be utilised to discharge tax liabilities; if utilised while the adverse order remains in force or where carried contrary to section 140, the credit is recoverable from the taxpayer with interest and penalty. Credits above a specified monetary threshold additionally require an undertaking to the jurisdictional officer that the credit will not be availed or has not been utilised as transitional credit. Circulars GST - States Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57388