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

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....NTRAL EXCISE KOCHI CENTRAL REVENUE BUILDING, I.S. PRESS ROAD, KOCHI-682 018 C. No. IV/16/09/2017-Tech Dated: 29.11.2018 Trade Facility No: 16/2018 Central Tax Subject: Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit - regarding Ref: Circular No. 58/32/2018-GST dated 4th September, 2018 [F. No. CBEC- 20/ 16/04/2018-G....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Circular No. 42/ 16/2018-GST dated 13th April, 2018, has clarified that the recovery of arrears arising under the existing law shall be made as central tax liability to be paid through the utilization of the amount available in the electronic credit ledger or electronic cash ledger of the registered person, and the same shall be recorded in Part II of the Electronic Liability Register (FORM GST ....