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2021 (9) TMI 820 - HC - GSTBenefit of transitional credit - time limit for taking the input tax credit - Validity of retrospective amendment dated 18.05.2020 by which the provision of Section 128 of the Finance Act, 2020 has been inserted with effect from 1st July, 2017 to Section 140 of the Central Goods and Service Tax Act, 2017 - HELD THAT:- The judgment of SKH Sheet Metals Components [2020 (6) TMI 385 - DELHI HIGH COURT[ covers the issue in hand. It was held in the case that Petitioner is permitted to revise TRAN-1 Form on or before 30.06.2020 and transition the entire ITC, subject to verification by the Respondents. In view of the observations made by this Court, the amendment does not affect the right of the petitioner to claim transitional credit and it would be unnecessary to deal with the Constitutional challenge to it. Further, the petitioner is at liberty to apply for the transitional credit of ₹ 6,04,47,033/- which shall be dealt with by the department and disposed of by the department in accordance with law. Petition disposed off.
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