https://www.taxtmi.com/circulars?id=60933 CENVAT credit adjudicated as inadmissible and credited to the electronic credit ledger shall not be utilised to discharge GST or IGST liabilities until the adverse order remains in force, and any utilisation will be recovered with interest and penalty; likewise, ineligible transitioned amounts (blocked credit) shall not be utilised and will be recoverable with interest and penalty. Taxpayers with disputed or blocked credit above the specified threshold must furnish an undertaking to the jurisdictional Central Government officer that such credit has not been availed or will not be utilised as transitional credit. en-us Fri, 02 Mar 2018 00:00:00 +0530 Mon, 13 May 2019 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60933 CENVAT credit adjudicated as inadmissible and credited to the electronic credit ledger shall not be utilised to discharge GST or IGST liabilities until the adverse order remains in force, and any utilisation will be recovered with interest and penalty; likewise, ineligible transitioned amounts (blocked credit) shall not be utilised and will be recoverable with interest and penalty. Taxpayers with disputed or blocked credit above the specified threshold must furnish an undertaking to the jurisdictional Central Government officer that such credit has not been availed or will not be utilised as transitional credit. Circulars GST Fri, 02 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60933