https://www.taxtmi.com/article/detailed?id=12460 Relying on sub section (7) of Section 140 of the CGST Act, the Court held that ITC legitimately available to an Input Service Distributor before the appointed day cannot be lost merely because the GST electronic mechanism failed to effect transfer into the Electronic Credit Ledger; procedural defects should not extinguish pre appointed day credits. The Court observed that examining these issues through the GST Council would assist adjudication and continued interim relief for the petitioner ISD while the matter remains adjourned. en-us Wed, 27 Mar 2024 08:32:02 +0530 Wed, 27 Mar 2024 08:32:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12460 Relying on sub section (7) of Section 140 of the CGST Act, the Court held that ITC legitimately available to an Input Service Distributor before the appointed day cannot be lost merely because the GST electronic mechanism failed to effect transfer into the Electronic Credit Ledger; procedural defects should not extinguish pre appointed day credits. The Court observed that examining these issues through the GST Council would assist adjudication and continued interim relief for the petitioner ISD while the matter remains adjourned. Articles Goods and Services Tax - GST Wed, 27 Mar 2024 08:32:02 +0530 https://www.taxtmi.com/article/detailed?id=12460