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2021 (11) TMI 818 - MADRAS HIGH COURT
Permission to revise the Form TRAN- 1 resulting in deprivation of the Input Tax Credit - transitional arrangement for Input Tax Credit - Section 140 of the GST Act - HELD THAT:- There seems to be a consistent view that if there is substantial compliance, denial of benefit of Input Tax Credit which is a beneficial scheme and framed with the larger public interest of bringing down the cascading effect of multiple taxes ought not to be frustrated on the ground of technicalities.
The order of the learned Single Judge is affirmed in directing the petitioner/ respondent to enable the respondent herein to file a revised Form TRAN-1, by opening of the portal and that such exercise is to be completed within a period of 8 weeks from the date of issue this order.
Appeal disposed off.