Gujarat HC issues notice in plea challenging time limit to claim transitional credit

Bar & Bench July 22 2018
Gujarat High Court, bullet train

The Gujarat High Court this week issued notice in a petition challenging the vires of Rule 117 of the Central Goods and Services Tax (CGST) Rules, 2017, a provision that prescribes a time limit for filing and revising a form to claim transitional credit under the GST regime.

The petition was filed by Jay Chemicals Industries Limited, a company which claimed to have inadvertently omitted to claim credit in excess of Rs. 25 lakh.

Section 140(5) of the CGST Act allows a . . .

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