Micromax Informatics Ltd Vs Union Of India
Date: September 2, 2021
Subject Matter
Amendment to Section 140 prescribing time limit to claim Transitional Credit does not effect the right to avail Transitional Credit
Summary
By way of this writ petition, the petitioner has challenged the retrospective amendment dated 18.05.2020 by which the provision of Section 128 of the Finance Act, 2020 has been inserted with effect from 1 st July, 2017 to Section 140 of the Central G…
1. By way of present petition, the petitioner has challenged the retrospective amendment dated 18.05.2020 by which the provision of Section 128 of the Finance Act, 2020 has been inserted with effect from 1 st July, 2017 to Section 140 of the Central Goods and Service Tax Act, 2017 by prescribing a time limit for taking the input tax credit. The petitioner has also sought the benefit of transitiona…