SBT Textiles Private Limited ., In re
Date: April 12, 2023
Subject Matter
AAR cannot rule on transfer of unutilized balance of Input Tax Credit in E-credit ledger
Summary
The issue being raised by the applicant is admissibility of transfer of unutilized balance of Input Tax Credit in E-credit ledger and not regarding the admissibility of Input Tax Credit of tax paid. In other words, in the instant case in hand eligibi…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING,CHATTISGARH PROCEEDINGS [U/s 98 of the Chhattisgarh Goods & Services Tax Act, 2017 (herein- after referred to as CGGST Act, 2017)] M/s SBT Textiles Private Limited, Plot no. 619 and 612 B, Near Narayani Rail, Industrial Area, Urla, Raipur, Chhattisgarh, 492001, holding GSTIN 22AAICS9568G3ZX has furnished an application in form ARA-01…