https://www.taxtmi.com/caselaws?id=403942 The court ruled in favor of the petitioner, allowing them to submit the required TRAN-1 form to carry forward the credit from their Cenvat account to the GST regime. Despite the petitioner's initial failure to file the form due to lack of awareness, the court emphasized the importance of honoring vested rights and not depriving individuals of benefits based on procedural issues. The judgment underscored the need for flexibility and understanding during transitions to new tax regimes, ensuring that individuals are not unfairly disadvantaged by technicalities. en-us Fri, 05 Feb 2021 00:00:00 +0530 Mon, 24 Mar 2025 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403942 The court ruled in favor of the petitioner, allowing them to submit the required TRAN-1 form to carry forward the credit from their Cenvat account to the GST regime. Despite the petitioner's initial failure to file the form due to lack of awareness, the court emphasized the importance of honoring vested rights and not depriving individuals of benefits based on procedural issues. The judgment underscored the need for flexibility and understanding during transitions to new tax regimes, ensuring that individuals are not unfairly disadvantaged by technicalities. Case-Laws GST Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403942