Transitional input tax credit cannot be denied for an incorrect Form TRAN-1 provision or column when eligibility is undisputed.

Transitional input tax credit cannot be denied for an incorrect Form TRAN-1 provision or column when eligibility is undisputed. https://www.taxtmi.com/highlights?id=105898 Transitional input tax credit is a vested and indefeasible right where eligibility is undisputed and the unutilised credit arises from duty or tax paid. Credit declared on time in Form TRAN-1 cannot be denied solely because it is reported under Section 140(5) instead of Section 140(1) of the CGST Act, 2017, or in an incorrect column, where eligibility and quantum are undisputed. en-us Fri, 06 Nov 2026 11:00:16 +0530 Fri, 06 Nov 2026 11:00:16 +0530 TaxTMI RSS Generator Transitional input tax credit cannot be denied for an incorrect Form TRAN-1 provision or column when eligibility is undisputed. https://www.taxtmi.com/highlights?id=105898 Transitional input tax credit is a vested and indefeasible right where eligibility is undisputed and the unutilised credit arises from duty or tax paid. Credit declared on time in Form TRAN-1 cannot be denied solely because it is reported under Section 140(5) instead of Section 140(1) of the CGST Act, 2017, or in an incorrect column, where eligibility and quantum are undisputed. Highlights GST Fri, 06 Nov 2026 11:00:16 +0530 https://www.taxtmi.com/highlights?id=105898