https://www.taxtmi.com/caselaws?id=433276 The HC held that under Section 140(1) of the JGST Act, registered persons are entitled to migrate the credit of TDS amounts from the VAT regime to GST, as these amounts qualify as tax credits payable under the transitional provisions. The court rejected the respondents' contention that TDS, being output tax, could not be migrated as input tax credit. The denial of migration and imposition of interest and penalty by the authorities was found unsustainable and quashed. The petitioners were declared entitled to migrate the unadjusted TDS amounts without forfeiture or penalty. en-us Mon, 09 Jan 2023 00:00:00 +0530 Fri, 08 Aug 2025 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433276 The HC held that under Section 140(1) of the JGST Act, registered persons are entitled to migrate the credit of TDS amounts from the VAT regime to GST, as these amounts qualify as tax credits payable under the transitional provisions. The court rejected the respondents' contention that TDS, being output tax, could not be migrated as input tax credit. The denial of migration and imposition of interest and penalty by the authorities was found unsustainable and quashed. The petitioners were declared entitled to migrate the unadjusted TDS amounts without forfeiture or penalty. Case-Laws GST Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433276