Supreme Court Admits FADA Petition Over Rs 2,500 Crore Blocked Cess Credits After GST 2.0 - BW Auto World

The Supreme Court of India has admitted a petition filed by the Federation of Automobile Dealers Associations of India (FADA) seeking relief over more than Rs 2,500 crore worth of blocked compensation cess credits that auto dealers say have become unusable after the implementation of GST 2.0. The court has issued a notice to the Central government and scheduled the next hearing in the matter for M…