Directions under Section 168 of the GGST Act regarding non-transition of credit of the amount of Value Added Tax and Entry Tax under section 140 of GGST Act or non- utilization thereof in certain cases.

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....ry, 2018 CIRCULAR No. 33/07/2018-GST No. GSL/GST/S.168/B. A23 Sub: Directions under Section 168 of the GGST Act regarding non-transition of credit of the amount of Value Added Tax and Entry Tax under section 140 of GGST Act or non- utilization thereof in certain cases. In exercise of the powers conferred under section 168 of the Gujarat Goods and Services Tax Act, 2017 (hereinafter ref....

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....redit ledger in terms of sub-section (1), (2), (3), (4), (5), (6) of section 140 of the Act, shall not be utilized by a registered taxable person to discharge his tax liability under this Act or under the IGST Act. 2017, till the order-in-original or the last order-in- appeal, as the case may be, holding that disputed credit as inadmissible is in existence. 2.2 During the period, when the last ....

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.... outside the factory premises. 3.2 If the said blocked credit is carried forward and credited to the electronic credit ledger in contravention of section 140 of the Act, it shall not be utilized by a registered taxable person to discharge his tax liability under this Act or under the IGST Act, 2017, and shall be recovered from the tax payer with interest and penalty as per the provisions of the....