https://www.taxtmi.com/caselaws?id=415855 The Tribunal allowed the appeal, setting aside the rejection of refund claims for unutilized credit periods. It held the reversal of credit in the Books of Accounts as valid for the pre-GST era, citing statutory permissibility under Section 142 of the GST Act. The Tribunal emphasized the appellant's compliance with transitional phase changes and the admissibility of private records for pre-GST transactions. It concluded that the rejection of refund claims based on non-compliance with Notification No. 27/2012 was incorrect, highlighting the lawful nature of the appellant's actions and the relevant legal provisions' applicability. en-us Wed, 01 Dec 2021 00:00:00 +0530 Thu, 16 Dec 2021 09:03:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415855 The Tribunal allowed the appeal, setting aside the rejection of refund claims for unutilized credit periods. It held the reversal of credit in the Books of Accounts as valid for the pre-GST era, citing statutory permissibility under Section 142 of the GST Act. The Tribunal emphasized the appellant's compliance with transitional phase changes and the admissibility of private records for pre-GST transactions. It concluded that the rejection of refund claims based on non-compliance with Notification No. 27/2012 was incorrect, highlighting the lawful nature of the appellant's actions and the relevant legal provisions' applicability. Case-Laws Service Tax Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415855