https://www.taxtmi.com/article/detailed?id=10844 The High Court held that Section 73 of the CGST Act, which pertains to wrongly availed input tax credit under the CGST framework, does not confer power on GST adjudicating authorities to determine admissibility of CENVAT credit originating under the pre GST Excise and Finance Act regimes; consequently, initiation of proceedings and orders under Section 73 to disallow credit carried forward via TRAN 1 for alleged contraventions of erstwhile laws exceeded jurisdiction and were quashed. en-us Thu, 01 Dec 2022 11:07:16 +0530 Thu, 01 Dec 2022 11:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10844 The High Court held that Section 73 of the CGST Act, which pertains to wrongly availed input tax credit under the CGST framework, does not confer power on GST adjudicating authorities to determine admissibility of CENVAT credit originating under the pre GST Excise and Finance Act regimes; consequently, initiation of proceedings and orders under Section 73 to disallow credit carried forward via TRAN 1 for alleged contraventions of erstwhile laws exceeded jurisdiction and were quashed. Articles Goods and Services Tax - GST Thu, 01 Dec 2022 11:07:16 +0530 https://www.taxtmi.com/article/detailed?id=10844