https://www.taxtmi.com/caselaws?id=420932 The Madras HC allowed a writ petition seeking direction to consider petitioner's rectified manual TRAN-1 form for crediting ITC on stock of goods. The court noted petitioner's continuous correspondence with respondents and GST Help Desk regarding transition credit issues. The HC held that GST Act provisions do not provide for lapsing of credit that couldn't be successfully transitioned under the new regime when Form TRAN-1 was filed correctly. The court directed respondents to allow input tax credit after scrutiny and verification by competent officer, examining whether petitioner was entitled to transition credit under Section 140 of TNGST Act despite technical mistakes in the original form. en-us Thu, 24 Feb 2022 00:00:00 +0530 Wed, 02 Apr 2025 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420932 The Madras HC allowed a writ petition seeking direction to consider petitioner's rectified manual TRAN-1 form for crediting ITC on stock of goods. The court noted petitioner's continuous correspondence with respondents and GST Help Desk regarding transition credit issues. The HC held that GST Act provisions do not provide for lapsing of credit that couldn't be successfully transitioned under the new regime when Form TRAN-1 was filed correctly. The court directed respondents to allow input tax credit after scrutiny and verification by competent officer, examining whether petitioner was entitled to transition credit under Section 140 of TNGST Act despite technical mistakes in the original form. Case-Laws GST Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420932