The Hon’ble Delhi High Court vide its order and judgment dated 05.05.2020, in the matter of Brand Equity Treaties Limited and Ors (various petitions were allowed through common order), has read down the provisions (Rule 117 of the CGST Rules, 2017) and held that period of 90 days for claiming input tax credit in TRAN-1 … Continue reading Notification No. 43 / 2020 – Central Tax dated 16.05.2020 could reverse the benefit granted by the Delhi High Court with respect to the transitional credit