https://www.taxtmi.com/article/detailed?id=16194 Refund of a VAT pre-deposit made by debiting input tax credit must be granted in cash after the transition to GST where the underlying tax demand is dropped. Section 142(6) of the CGST Act governs the transitional refund and requires admissible amounts from proceedings under the old regime to be refunded in cash. A departmental circular cannot restrict or deny that statutory refund, and VAT input tax credit cannot be carried forward or merely adjusted under the GST regime once the old demand has ceased to survive. en-us Mon, 13 Apr 2026 07:55:39 +0530 Mon, 13 Apr 2026 07:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16194 Refund of a VAT pre-deposit made by debiting input tax credit must be granted in cash after the transition to GST where the underlying tax demand is dropped. Section 142(6) of the CGST Act governs the transitional refund and requires admissible amounts from proceedings under the old regime to be refunded in cash. A departmental circular cannot restrict or deny that statutory refund, and VAT input tax credit cannot be carried forward or merely adjusted under the GST regime once the old demand has ceased to survive. Articles Goods and Services Tax - GST Mon, 13 Apr 2026 07:55:39 +0530 https://www.taxtmi.com/article/detailed?id=16194