Maharashtra Govt's further guidelines on TRAN-1 credit verification, interest payable on excess credit 'availment'

Maharashtra Govt. issues clarification on verification of TRAN-1 credits prescribing further guidelines on issues such as allowing credit as per revised returns, verification of CST declarations, MVAT credits, etc. pursuant to queries received from authorities and taxpayers/dealers post issuance of guidelines given to departmental officials in January and September 2018; Clarifies that, credit claimed in TRAN-1 may be allowed where the dealer files revised MVAT return and men...