P.R. Mani Electronics Vs Union of India
Date: July 13, 2020
Court: High Court
Bench: Madras
Type: Writ Petition
Judge(s)/Member(s): A.P.SAHI, SENTHILKUMAR RAMAMOORTHY
Subject Matter
Transitional ITC cannot be availed of except within the stipulated time limit
Summary
1. In SKH Sheet Metals, the Delhi High Court concluded, in paragraph 26, that the statute had not fixed a time limit for transitioning credit by also referring to the repeated extensions of time. Given the fact that the power to prescribe a tim…
The validity of Rule 117 of the Central Goods and Service Tax Rules, 2017 (the CGST Rules) is under challenge in this writ petition on the grounds that it is ultra vires Section 140 of the Central Goods and Services Tax Act, 2017 (the CGST Act) and infringes Articles 14 and 300A of the Constitution, and the Petitioner further prays that the Respondents should be directed to permit the…