https://www.taxtmi.com/caselaws?id=785581 Entitlement to refund of unutilised input tax credit on amalgamation is governed by the statutory scheme treating pre-order companies as distinct until the sanctioning order and cancelling registrations from the date of that order; therefore transfer of unutilised ITC must be effected via FORM GST ITC-02 with valid GSTINs and within applicable statutory timelines, failing which complications arise. Partial transfer of ITC does not permit downstream refund or encashment if statutory formalities and liabilities were not settled by the transferor. The doctrine of pari delicto bars relief where both transferor and officers acted irregularly. Revenue is directed to issue instructions to ensure compliance in future amalgamations. en-us Fri, 23 Jan 2026 00:00:00 +0530 Tue, 27 Jan 2026 07:36:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785581 Entitlement to refund of unutilised input tax credit on amalgamation is governed by the statutory scheme treating pre-order companies as distinct until the sanctioning order and cancelling registrations from the date of that order; therefore transfer of unutilised ITC must be effected via FORM GST ITC-02 with valid GSTINs and within applicable statutory timelines, failing which complications arise. Partial transfer of ITC does not permit downstream refund or encashment if statutory formalities and liabilities were not settled by the transferor. The doctrine of pari delicto bars relief where both transferor and officers acted irregularly. Revenue is directed to issue instructions to ensure compliance in future amalgamations. Case-Laws GST Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785581