https://www.taxtmi.com/highlights?id=78871 The High Court addressed the transition of unutilized input tax credit from VAT returns u/s 140 of GST enactments. It held that credits availed under TNVAT Act are indefeasible, citing a Supreme Court decision on CENVAT Credit Rules. Refund wasn't provided for untransitioned credits under TNGST Act. The petitioner's credit validity under TNVAT Act needed verification, and the impugned order was partly allowed for this purpose. en-us Thu, 27 Jun 2024 15:58:04 +0530 Thu, 27 Jun 2024 15:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78871 The High Court addressed the transition of unutilized input tax credit from VAT returns u/s 140 of GST enactments. It held that credits availed under TNVAT Act are indefeasible, citing a Supreme Court decision on CENVAT Credit Rules. Refund wasn't provided for untransitioned credits under TNGST Act. The petitioner's credit validity under TNVAT Act needed verification, and the impugned order was partly allowed for this purpose. Highlights GST Thu, 27 Jun 2024 15:58:04 +0530 https://www.taxtmi.com/highlights?id=78871