Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit.

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....^th September, 2018 CIRCULAR (No. 24/2018-19-GST) Subject: Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit. Various representations have been received seeking clarification on the process of recovery of arrears of wrongly availed CENVAT credit under the existing law and CENVAT credit wrongly carried forward as transitiona....

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....art Il of the Electronic Liability Register (FORM GST PMT-01) 3. Currently, the functionality to record this liability in the electronic liability register is not available on the common portal. Therefore, it is clarified that as an alternative method, taxpayers may reverse the wrongly availed CENVAT credit under the existing law and admissible transitional credit through Table 4(B)(2) of FORM ....