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    <title>Guidelines for verifying the Transitional Credit in light of the order of the honourable Supreme Court in the Union of India v. Filco Trade Centre Pvt. Ltd., SLP(C) Nos. 32709-32710/2018, order dated July 22, 2022 and September 2, 2022</title>
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    <description>Verification of Transitional Credit filed/revised through TRAN-1/TRAN-2 must be performed by the jurisdictional central or state tax officer who shall commence verification upon availability of the form or receipt of a self-certified copy, coordinate with counterpart officers where both central and state components exist, follow principles of natural justice, obtain supporting records, consider counterpart verification reports and applicant submissions, and pass a reasoned order quantifying allowed credit and upload it to the common portal for crediting to the electronic credit ledger.</description>
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      <description>Verification of Transitional Credit filed/revised through TRAN-1/TRAN-2 must be performed by the jurisdictional central or state tax officer who shall commence verification upon availability of the form or receipt of a self-certified copy, coordinate with counterpart officers where both central and state components exist, follow principles of natural justice, obtain supporting records, consider counterpart verification reports and applicant submissions, and pass a reasoned order quantifying allowed credit and upload it to the common portal for crediting to the electronic credit ledger.</description>
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