https://www.taxtmi.com/caselaws?id=765550 The HC dismissed the challenge, holding that transitional credit under the CGST Act does not extend to capital goods in transit as of the appointed date; only unutilized CENVAT credit on inputs and capital goods generally could be carried forward, but the CENVAT Credit Rules, 2017 do not permit claiming excise duty credit for capital goods in transit. The court found the statutory distinction between inputs and capital goods lawful and not violative of Article 14, and concluded there was no error in the impugned orders denying the transitional claim. en-us Thu, 30 Jan 2025 00:00:00 +0530 Wed, 05 Nov 2025 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765550 The HC dismissed the challenge, holding that transitional credit under the CGST Act does not extend to capital goods in transit as of the appointed date; only unutilized CENVAT credit on inputs and capital goods generally could be carried forward, but the CENVAT Credit Rules, 2017 do not permit claiming excise duty credit for capital goods in transit. The court found the statutory distinction between inputs and capital goods lawful and not violative of Article 14, and concluded there was no error in the impugned orders denying the transitional claim. Case-Laws GST Thu, 30 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765550