https://www.taxtmi.com/caselaws?id=406925 Time-barred CENVAT credit could not be treated as a valid pre-deposit under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, because entitlement to credit had to satisfy the governing CENVAT Credit Rules. Credits arising from invoices of 2013-2014 could not be carried forward after the GST regime or converted into input tax credit for scheme adjustment, and the time limit under Rule 6(1) could not be ignored. CENVAT credit was treated as a concession, not a vested right, so the Designated Committee was justified in ing the adjustment claim. The writ appeal was allowed in favour of the Revenue. en-us Fri, 09 Apr 2021 00:00:00 +0530 Fri, 30 Jul 2021 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406925 Time-barred CENVAT credit could not be treated as a valid pre-deposit under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, because entitlement to credit had to satisfy the governing CENVAT Credit Rules. Credits arising from invoices of 2013-2014 could not be carried forward after the GST regime or converted into input tax credit for scheme adjustment, and the time limit under Rule 6(1) could not be ignored. CENVAT credit was treated as a concession, not a vested right, so the Designated Committee was justified in ing the adjustment claim. The writ appeal was allowed in favour of the Revenue. Case-Laws Service Tax Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406925