https://www.taxtmi.com/caselaws?id=759408 CESTAT New Delhi dismissed appellant's refund claim for Education Cess and Secondary Higher Education Cess (SHE Cess) amounts in profit and loss account. The tribunal held that cesses are excluded from eligible duties and taxes under Section 140 of CGST Act 2017, making transitional credit unavailable for GST utilization. Credit balances not transitioned through TRAN-1 lapse under GST regime. Refund under Section 11B Central Excise Act 2002 and Rule 5 CCR 2004 was deemed inapplicable. Mere accounting entries in Electronic Credit Ledger after 2015 do not create vested rights for transition or set-off against GST liability post-July 2017. en-us Fri, 27 Sep 2024 00:00:00 +0530 Mon, 30 Sep 2024 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759408 CESTAT New Delhi dismissed appellant's refund claim for Education Cess and Secondary Higher Education Cess (SHE Cess) amounts in profit and loss account. The tribunal held that cesses are excluded from eligible duties and taxes under Section 140 of CGST Act 2017, making transitional credit unavailable for GST utilization. Credit balances not transitioned through TRAN-1 lapse under GST regime. Refund under Section 11B Central Excise Act 2002 and Rule 5 CCR 2004 was deemed inapplicable. Mere accounting entries in Electronic Credit Ledger after 2015 do not create vested rights for transition or set-off against GST liability post-July 2017. Case-Laws Central Excise Fri, 27 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759408