https://www.taxtmi.com/caselaws?id=788071 The issue concerns transferability of unutilized input tax credit (ITC) under an approved amalgamation scheme where transferor and transferee hold registrations in different States/UTs and whether a GST portal endorsement restricting transfers to same State/UT is permissible. The court applied statutory interpretation of the GST transfer provisions and rules, accepted prior reasoning permitting ITC transfer on amalgamation, and held there is no statutory bar to cross State transfers; an administrative endorsement on Form ITC 02 that adds such a restriction is not authorised. The respondents were directed to manually accept and process ITC 02 within six weeks. en-us Thu, 05 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788071 The issue concerns transferability of unutilized input tax credit (ITC) under an approved amalgamation scheme where transferor and transferee hold registrations in different States/UTs and whether a GST portal endorsement restricting transfers to same State/UT is permissible. The court applied statutory interpretation of the GST transfer provisions and rules, accepted prior reasoning permitting ITC transfer on amalgamation, and held there is no statutory bar to cross State transfers; an administrative endorsement on Form ITC 02 that adds such a restriction is not authorised. The respondents were directed to manually accept and process ITC 02 within six weeks. Case-Laws GST Thu, 05 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788071