{"id":69926,"date":"2024-09-04T08:20:41","date_gmt":"2024-09-04T02:50:41","guid":{"rendered":""},"modified":"2024-09-04T08:20:41","modified_gmt":"2024-09-04T02:50:41","slug":"court-rules-unadjusted-tds-cannot-transition-as-input-tax-credit-refunds-allowed-penalties-imposed-for-irregularities","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=69926","title":{"rendered":"Court Rules Unadjusted TDS Cannot Transition as Input Tax Credit; Refunds Allowed, Penalties Imposed for Irregularities."},"content":{"rendered":"<p>Court Rules Unadjusted TDS Cannot Transition as Input Tax Credit; Refunds Allowed, Penalties Imposed for Irregularities.<br \/>Case-Laws<br \/>GST<br \/>Transitioning unutilized input tax credit under the Kerala Goods and Services Tax Act, 2017 &#8211; error in claiming input tax credit of unadjusted TDS. The High Court held that unadjusted TDS, being a component of output tax payable, cannot be transitioned as unutilized input tax credit. While the appellant had utilized Rs.37,24,463\/- for paying output tax d<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=81012\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Case-Laws &#8211; GST &#8211; Highlights &#8211; Transitioning unutilized input tax credit under the Kerala Goods and Services Tax Act, 2017 &#8211; error in claiming input tax credit of unadjusted TDS. The High Court held that unadjusted TDS, being a component of output tax pa<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69926","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69926"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69926\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}