Credit cannot be denied even if assessee made mistake filed in TRAN-1 twice

Credit cannot be denied even if assessee made mistake filed in TRAN-1 twice https://www.taxtmi.com/article/detailed?id=11894 The court held that where Input Tax Credit was validly reflected in the taxpayer's last VAT return and subsequently availed and utilized under GST, clerical mistakes in original and revised Form TRAN-1 filings do not defeat the indefeasible nature of that credit; adjudicating authorities must re-examine records from the last VAT return and may condone TRAN-1 filing errors, while wrongly transited credits unsupported by VAT returns remain recoverable. en-us Thu, 28 Sep 2023 11:49:20 +0530 Thu, 28 Sep 2023 11:49:20 +0530 TaxTMI RSS Generator Credit cannot be denied even if assessee made mistake filed in TRAN-1 twice https://www.taxtmi.com/article/detailed?id=11894 The court held that where Input Tax Credit was validly reflected in the taxpayer's last VAT return and subsequently availed and utilized under GST, clerical mistakes in original and revised Form TRAN-1 filings do not defeat the indefeasible nature of that credit; adjudicating authorities must re-examine records from the last VAT return and may condone TRAN-1 filing errors, while wrongly transited credits unsupported by VAT returns remain recoverable. Articles Goods and Services Tax - GST Thu, 28 Sep 2023 11:49:20 +0530 https://www.taxtmi.com/article/detailed?id=11894