Neptune Plastics Vs Union Of India
Date: February 5, 2021
Subject Matter
Transition of ITC cannot be denied only on the basis of procedural or technical wrangles in respect of TRAN-1
Summary
It is stated that because of the lack of awareness about the procedure to claim the benefit, the petitioner could not submit TRAN-1 within prescribed time but the respondents are denying the same to the petitioner though the petitioner had mentioned…
1. Heard Sh. M. K. Bhardwaj, Senior Advocate assisted by Sh. Gagan Kohli, learned counsel for the petitioner and Sh. Jagpaul Singh, CGSC for respondents No. 1 to 3 and 6 and Sh. D. C. Raina, learned Advocate General assisted by Sh. K. D. S. Kotwal, learned Dy. AG for the respondent Nos. 4 and 5. 2. The issue in this petition is regarding carrying forward of Rs. 9,96,637/- lying in petitioner&rsquo…