Transitional Credit Claim Denied Where Final KVAT Return Reflects Nil Carry-Forward Tax Balance
Transitional Credit Claim Denied Where Final KVAT Return Reflects Nil Carry-Forward Tax Balance Issue Whether a taxpayer is eligible to claim transitional SGST Input Tax Credit in Form TRAN-1 under Section 140 of the CGST/KGST Act when the final pre-GST KVAT return records the balance VAT tax at credit as NIL. Facts The appellant, a… Read More »