https://www.taxtmi.com/article/detailed?id=9528 The Madras High Court held that unutilised Education Cess, Secondary and Higher Education Cess and Krishi Kalyan Cess could not be carried forward or set off against GST output liability under Section 140 of the CGST Act, 2017 because they were not eligible duties for transitional credit. The author contests this, citing prior TRU explanatory notes, Tribunal decisions on Cenvat utilization, notifications and circulars indicating subsumption or continuation, and argues restriction on cross utilisation alone should not render an otherwise eligible duty ineligible. en-us Wed, 28 Oct 2020 08:59:44 +0530 Wed, 28 Oct 2020 08:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9528 The Madras High Court held that unutilised Education Cess, Secondary and Higher Education Cess and Krishi Kalyan Cess could not be carried forward or set off against GST output liability under Section 140 of the CGST Act, 2017 because they were not eligible duties for transitional credit. The author contests this, citing prior TRU explanatory notes, Tribunal decisions on Cenvat utilization, notifications and circulars indicating subsumption or continuation, and argues restriction on cross utilisation alone should not render an otherwise eligible duty ineligible. Articles Goods and Services Tax - GST Wed, 28 Oct 2020 08:59:44 +0530 https://www.taxtmi.com/article/detailed?id=9528